CRYPTO Relativity | Institutions Buy the Dip—ETH Under Fire 🔥
Over the past 24 hours, while crypto markets softened, institutions stepped in decisively to accumulate Ethereum at a discount. BitMine Immersion Technology added 106,485 ETH (~$470M) to its treasury, while another unnamed whale grabbed 92,899 ETH (~$412M) via OTC channels. The total? A staggering ~199,000 ETH or nearly $900 million in smart-money buying.
This wave of accumulation comes amid broader profit-taking over the previous week. Yet despite short-term volatility, institutions are signaling deep conviction—viewing the dip as a strategic entry.
Takeaway:
Smart capital is broadly treating ETH as blue-chip infrastructure. These large-scale purchases from treasuries highlight that institutional confidence remains unshaken, even amid macro uncertainty. Retail may panic, but the institutional playbook? Buy value, not hype.
