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Ethereum drops 13.98% as ETFs see outflows and whales add coins
Ethereum (ETH) has fallen 13.98% over the past month. US spot Ethereum exchange‑traded funds have continued to record outflows, with the funds losing $365.3 million last week, marking a sixth consecutive week of net withdrawals. At the same time, several large investors, described as whales, have been increasing their ETH holdings. The contrasting behavior highlights divergent reactions among market participants.