#TradingPairs101 🔥 BlackRock invests $50 million in Ethereum — a signal for the start of altseason?
🔹 According to data from Arkham and Coinbase Prime, BlackRock purchased between 9,000 and 58,000 ETH — the total amount of purchases was $50 million.
📈 At the same time, a sharp increase in ETH inflow to exchanges was recorded — from 200K to 1.3M ETH just in the first days of June. However, the price remained stable at $2,605, indicating balanced activity and strong demand.
🧠 What does this mean:
— BlackRock is entering altcoins — Ethereum is becoming not just a technology, but an institutional asset
— The volume, structure of transactions, and platform (Coinbase Prime) indicate a long-term position
— This is a signal for the market: if such players are entering — everything is just beginning
Institutions do not enter "at the highs" — they are opening a cycle. And if tens of millions are currently flowing into ETH, we may see a capital influx into the ecosystem and a surge in the entire L2 infrastructure in the coming months. Altseason may begin not with memes, but with ETH.
