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@amettanni
CryptoQuant noted a sharp increase in demand for Ethereum after the approval of spot ETFs in the United States and the last Federal Reserve meeting. On June 12, investors bought 298,000 ETH (~$1.34 billion) - the second highest daily value in the history of the cryptocurrency. It is 6% below the record set on September 11, 2023. That day, long-term investors purchased 317,000 ETH as the price dropped below $1,600. #CryptoQuant #Ethereum
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