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April 14, 2025

Ethereum Whale Offloads Another 20000 ETH on Kraken

Analytics from Spotonchain reveal that a major Ethereum whale has recently deposited 20000 ETH, causing ripples in the market. This transaction on the US-based exchange Kraken raises concerns among investors about potential price movements and market stability. Whale activity often precedes significant shifts in the cryptocurrency landscape, and many will be watching closely to see how this sale impacts the market sentiment around Ethereum. As trades of this magnitude occur, it serves as a reminder of the volatility inherent within the crypto space, reflecting the need for constant vigilance among stakeholders.

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