Ethereum Whales Add $950 Million as Bottom Hopes Build, but the Story Has a Hole

Ethereum (ETH) price has rebounded 22% its June low and reclaimed a closely watched institutional trend line. The move lands just as spot ETF money flips back into ETH after weeks of redemptions. Whales kept adding through the slide, and on-chain accumulation is returning. Yet rising leverage leaves one question open, whether this is a
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