BlackRock’s $109.9M Ethereum (ETH) Purchase Amid Price Decline Sparks Whale Accumulation
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BlackRock's recent acquisition of $109.9 million worth of Ethereum (ETH) has garnered significant attention. This move was strategic in response to the recent price decline in the cryptocurrency market.
This large-scale purchase has sparked interest and speculation among crypto enthusiasts, leading to an increase in whale accumulation.
The investment underscores BlackRock's confidence in Ethereum despite its fluctuating market value, highlighting the institutional interest in major cryptocurrencies.
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