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Ethereum Price Forecast: ETH sees strong spot demand but faces downside pressure in futures
Following the crypto market recovery over the past week, several Ethereum (ETH) onchain metrics are demonstrating notable changes. With Iran's announcement to reopen the Strait of Hormuz, lifting risk sentiment, whales pounced on ETH. Wallets with a balance >10K ETH, also known as whales, accumulated nearly 700K ETH between Thursday and Monday, according to CryptoQuant data. Part of that figure stems from Ethereum treasury firm BitMine Immersion Technologies (BMNR), which acquired over 101K ETH last week. Smart money tracker Lookonchain also observed several whale buying activities over the past week. Notably, a ... (full story)
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From @realDonaldTrump|Apr 21, 2026|20 comments
Iran doesn’t want the Strait of Hormuz closed, they want it open so they can make $500 Million Dollars a day (which is, therefore, what they are losing if it is closed!). They only say they want it closed because I have it totally BLOCKADED (CLOSED!), so they merely want to “save face.” People approached me four days ago, saying, “Sir, Iran wants to open up the Strait, immediately.” But if we do that, there can never be a Deal with Iran, unless we blow up the rest of their Country, their leaders included! President DONALD J. TRUMP
