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Ethereum whales buy $42M of ETH as US spot ETFs see $365M outflows
A wallet tracked by Arkham purchased 8,773.5 ETH worth $19.7 million at $2,245 per ETH. The same whale had previously bought 10,376 ETH at an average price of $1,626 in June, bringing its total holdings to 23,095 ETH valued at $51.69 million. Another wallet withdrew 9,777 ETH, about $22.5 million, from Binance over the past week. US spot Ethereum ETFs reported $365 million in weekly outflows, including $193.2 million in the last two days. ETH is trading around $2,239, near a support zone of $2,200‑$2,220.