Ethereum’s open interest has reached a new all-time high, surpassing $13 billion—a remarkable 40% growth over the past four months. This milestone highlights Ethereum’s increasing market activity and growing investor interest. Adding to the market intrigue is the reactivation of a long-dormant whale account. This whale, who initially acquired 398,889 ETH between January 18 and March 10, 2016, at an average price of $6 per ETH (then worth $2.4 million), has begun selling after remaining inactive for over eight years. On November 21, the total net outflow of Ethereum spot ETF was $9.0492 million. Grayscale ETF ETHE had a net
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