🚨 BlackRock Snaps Up $276M in ETH — Is Ethereum Headed to $10,000?
In a bold move that has sent ripples across the crypto market, BlackRock — the world’s largest asset manager — just made another massive Ethereum purchase, further solidifying its position in the Web3 space.
🧾 The Numbers
📅 Date: February 4, 2025
💰 Amount Purchased: 100,535 ETH
💸 Total Value: Over $276 million USD
📦 Total Holdings: BlackRock now owns 1.35 million ETH, worth approximately $3.71 billion
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🧠 Why This Matters
BlackRock isn’t a retail trader looking for short-term pumps — it’s a trillion-dollar institution known for strategic long-term plays. When they buy, the market listens.
This latest acquisition fuels speculation that Ethereum could be gearing up for a major breakout, with some analysts speculating a path toward $10,000 ETH.
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🔍 The Bigger Picture
ETF Momentum: With Ethereum ETF discussions heating up in 2025, institutional demand is clearly rising.
Network Growth: Ethereum continues to dominate DeFi, NFTs, and Layer-2 development.
Smart Money Moves: BlackRock’s repeated investment signals strong institutional conviction in ETH’s future.
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🚀 What Comes Next?
While nothing is guaranteed in crypto, BlackRock’s move might be the signal the market’s been waiting for. Retail traders and other funds are now watching closely to see if this sets off the next Ethereum bull cycle.
Could this be Ethereum’s run to $10K?
Stay sharp — 2025 might just be the year of $ETH.
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📌 #Ethereum #ETH #BlackRock #CryptoNews #EthereumETF #CryptoBullRun
💬 What’s your target for ETH this cycle?
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