📈$ETH 【Whales Intensify Investments, ETH Sees $1.1 Billion Institutional Accumulation】
Recently, the Ethereum market has seen significant inflows of institutional-level capital, with on-chain data indicating large-scale accumulation activities are occurring.
🔍 Key Developments:
Whale Leveraged Longs: A certain whale/institution address collateralized 78,444.11 ETH through Aave, borrowed 100 million USDT, and quickly withdrew 44,287.8 ETH from Binance (average price $3,532.6), establishing a $156 million leveraged long position.
Institutions Accelerate Coin Accumulation: The listed company BitMine increased its holdings by 110,288 ETH last week, a 34% increase compared to the previous period, bringing its total holdings to 3.5 million ETH (approximately $12.5 billion). Its chairman, Tom Lee, predicts ETH could reach $10,000-$12,000 by the end of the year.
Signs of Collaborative Accumulation: User-provided data shows that in the past 48 hours, large buyers collectively increased their holdings by 323,523 ETH ($1.12 billion), while over 295,861 ETH ($1.19 billion) was transferred from custodial wallets to self-custody addresses, indicating that institutions are optimistic about ETH's long-term prospects.
💡 Market Impact:
The synchronized accumulation by whales and listed companies, combined with a large outflow of ETH from exchanges, significantly enhances bullish market sentiment. On-chain leveraged longs and institutional treasury allocations form a consensus bullish outlook, providing solid support for ETH prices. #Eth #ETH巨鲸增持 $ETH
