Is Ethereum set for a breakout? 2 factors hold the key

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Is Ethereum set for a breakout? 2 factors hold the key
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An Ethereum [ETH] ICO participant, who initially gained 150,000 $ETH, made a significant move by depositing 3,510 $ETH into Kraken.

ICO participant, who initially gained 150,000 ETH , made a significant move by depositing 3,510 ETH into Kraken after remaining inactive for over two years.

This surge typically signals a growing appetite among traders, which often leads to higher price volatility. However, the In the Money metric, a key indicator of how many investors are currently in profit, shows a bullish reading of 11.21%. On the other hand, metrics like Concentration and Large Transactions also present neutral trends, with no significant changes in whale accumulation.

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