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Ethereum is sold at a set time every night at 8 PM (7 AM in North America).

Those Japanese devils are really scoundrels!
Holy crap, that's true. This is during the pre-market session for US stocks. It's probably institutional algorithmic selling. It's possible that Ethereum's DAT couldn't hold up and they're selling to buy back their own shares.
Buying back stocks won't involve selling cryptocurrency; it's most likely an ETF redemption.
Sector:
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