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A crypto community admin and trader commented that the ETH outflow implies that the number of ETH token stakes increased sharply.
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Fancy crypto21
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People can develop and deploy decentralized applications on the Ethereum blockchain network. #ETH
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Ethereum multipurpose blockchain network, bringing various users together.
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there’s something more about Ethereum other than being a cryptocurrency, facilitating transactions. #ETH
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This heightened movement of Ethereum off exchanges could indicate a shift towards DeFi platforms or other projects built on the ETH blockchain.
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staggering $1.1 billion was withdrawn, leading to a significant net flow of negative $821.8 million.
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