👉👉Ethereum Purchases Continue: Institutions and Whales Back in Action! 👈👈
Ethereum (ETH) is being heavily purchased by large institutional investors and whales.
One of the key players in the market, SharpLink Gaming, previously drew attention with its purchase of 188,478 ETH worth $473.6 million. To further strengthen this strong position, the company made a new move in the over-the-counter (OTC) markets and bought an additional 1,989 ETH worth approximately $4.82 million.
The only party increasing demand for Ethereum is not just SharpLink Gaming. An anonymous whale known as 0x1fc7 also purchased 3,201 ETH last week and set it aside for staking; this transaction corresponds to about $8.1 million. The same whale continued its staking activities by purchasing another 1,888 ETH worth $4.56 million just an hour ago.
Interest in Staking is Growing
Recently, interest in Ethereum staking is rapidly increasing among both institutional investors and whales. The passive income opportunities offered by the Ethereum network and the expected rises in ETH prices in the future are among the main reasons driving large players to intensify their staking moves.
Dear friends, do not hesitate to provide your free support. I am trying to bring such news to you instantly. My only request is that if there are those who still do not follow me, I would appreciate it if you could follow. Please do not hold back on your likes for my articles and posts. Thank you.