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Miners Dump, Whales Flee: Bitcoin and Ethereum See Profit-Taking Frenzy as Prices Soar
Miners Dump, Whales Flee: Bitcoin and Ethereum See Profit-Taking Frenzy as Prices Soar
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Bitcoin miners just triggered their biggest sell-off since the 2021 bull run—cashing out while retail FOMO kicks in. Meanwhile, Ethereum whales are quietly exiting through the back door, swapping ETH for stablecoins like it’s a fire sale.
Smart money moves or premature celebration? The blockchain doesn’t lie: exchange inflows for both assets just spiked 300% in 48 hours. Classic ’buy the rumor, sell the news’ behavior—except this time, the rumor was printed on a Bloomberg terminal.
Bonus cynicism: Nothing unites crypto factions faster than the chance to take profits before the next ’macroeconomic headwind’ (read: hedge fund liquidations) hits.
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