💥The market of #Ethereum ($ETH ) is experiencing moments of high tension. While Justin Sun has sent $500 million in ETH to Binance, raising doubts about possible selling pressure, the "whales" and BlackRock are aggressively accumulating.
BlackRock, in particular, has purchased $1.11 billion in ETH in just two days, raising its holdings to $8.9 billion.
This massive accumulation by institutional investors and large holders, such as SharpLink, counteracts the outflows from exchanges, suggesting strong confidence in Ethereum's long-term potential, even with a weekly increase of 20% in the price of ETH.