🟣 Ethereum has grown to become a stock market giant
📍 Ethereum's market capitalization has exceeded $306 billion, overtaking Alibaba and Coca-Cola — an important symbol for the entire crypto industry: the decentralized protocol is now worth more than global corporations.
💰 The key driver is the purchase of 211,000 ETH for $500 million from London-based Abraxas Capital.
Part of the funds (about $240 million in USDT) was borrowed through Aave and sent to Binance — the market is waiting for further purchases.
📊 ETH broke through $2,600 — institutional activity is growing.
Investors are wondering who is behind the fund: Abraxas previously crossed paths with Alameda Research addresses.
👉 Ethereum is increasingly becoming not just a technology, but a new generation system asset.