Spot ETF approval is yet to impact the ETH price trend. An Ethereum [ETH] whale recently transferred around $15 million worth of assets to an exchange. Has the whale’s transfer affected the price, and has the ETF approval also influenced the price? Ethereum whale takes profitData from Lookonchain reveals that an Ethereum whale recently moved 5,000 ETH to the Kraken exchange, valuing over $15.4 million at the time of transfer. ETF approval yet to impact the ETH price trendMultiple reports have stated that Hong Kong recently approved several spot Ethereum ETF proposals alongside spot Bitcoin ETF proposals.

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