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CoinGape

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Business & Economics

Risky Ethereum Price Pattern Hints 60% Crash as CEX Balances Jump

CoinGape
Summary
Nutrition label

58% Informative

The amount of ETH coins in centralized exchanges ( CEX ) has jumped to 15.5 million on Monday , up from 14.9 million last week .

Spot Ethereum ETFs have had outflows in the last seven straight days .

ETH price has remained in a technical bear market after falling by over 40% from its highest level in November .

VR Score

35

Informative language

19

Neutral language

39

Article tone

formal

Language

English

Language complexity

30

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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