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Philip
@philipstrade
Ethereum may be ready for a breakout despite bearish sentiment – Here’s why! - Ethereum stands resilient, with its DeFi throne unshaken and its foundation fortified by whales - Is ETH quietly undervalued? Ethereum remains structurally resilient. Whale accumulation has been rising fast, showing strong conviction from high-net-worth entities. In fact, just recently, an address acquired 12,010 ETH at an average entry of $1,531. That’s approximately $18.39 million in fresh capital inflows. Simultaneously, Ethereum continues to anchor the DeFi stack, commanding the lion’s share of Total Value Locked (TVL) across protocols. At press time, the TVL for the Ethereum L1 ecosystem hovered near $190 billion. https://ambcrypto.com/ethereum-may-be-ready-for-a-breakout-despite-bearish-sentiment-heres-why/
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