WHALES ACCUMULATING #ETH AS #BLACKROCK STAKING ETF LAUNCHES
Whales are stacking #ETH at an unprecedented rate 👀
Over 240,000 ETH (~$480M) has been accumulated since early March while price remains range-bound between $1.9K–$2.15K.
The move comes as BlackRock’s iShares Staked Ethereum Trust ETF #ETHB begins trading on Nasdaq, allowing institutions to gain exposure while staking 70–95% of holdings for yield.
Even with $2.2M already flowing into the ETF, price hasn’t reacted yet - but shrinking exchange supply and continued accumulation could set up a potential supply squeeze. 🚀
ETH
2,145.01
+0.74%