Ethereum (ETH) and institutional purchases

Recently, Ethereum fell by about 12%, but during this time, large investors — "whales" — bought ETH worth $1.37 billion. This indicates that they believe in the long-term growth of Ethereum, even despite short-term price fluctuations.

Why this matters:

• Purchases during a decline show confidence in the project.

• "Whales" usually know the market, and their actions often foreshadow future price movements.

• This may signal growth for ETH in the medium and long term.

But it's not all straightforward:

• The cryptocurrency market as a whole remains under pressure.

• There is a risk of price declines due to outflows from funds and uncertainty with regulators.

Conclusion: institutions believe in Ethereum, and this is a positive sign, but sharp price jumps should not be expected — growth will be gradual and cautious.