Fresh Ethereum Wallets Dump Big, Suggest Long-Term Bullish Sentiment

Within the last 15 hours, six newly created cryptocurrency wallets purchased and immediately withdrew a significant amount of Ethereum ($24.55 million), highlighting growing bullish interest in the asset. The withdrawals, totaling 9,230 ETH from exchanges OKX and Kraken, averaged at $2,660 per ETH, suggesting strong buying activity at current market levels. This withdrawal pattern often signals a shift towards long-term holding strategies as opposed to short-term trading or selling.