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Ethereum whale sells $19M at loss, signaling market pressure or buying chance

Market News
08 Aug 2026
Dailycoin
View Source
Bearish
pluang ai news

A long-term Ethereum whale sold 7,323 ETH at a $19 million loss after holding for over three years, highlighting market stress. This sale may reflect waning confidence or a strategic move to reallocate funds. The exit could trigger more selling or offer a buying opportunity amid current market fear. Ethereum trades near $1,918, with investor sentiment cautious and market volatility possible.

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