Ethereum (ETH) continues to attract significant institutional investment. Over the last 30 days, ten prominent companies have collectively purchased 550,000 ETH, a staggering $1.65 billion investment. This substantial accumulation, representing 0.5% of the total ETH supply, was revealed by Kyle Reidhead, co-founder of Milk Road. This aggressive ETH acquisition signals strong confidence in Ethereum's future. Factors driving this bullish sentiment may include the upcoming Ethereum upgrades, the growth of decentralized finance (DeFi) applications, and the increasing adoption of ETH in enterprise solutions. These companies are likely betting on Ethereum's long-term potential as a leading blockchain platform. While the specific identities of these ten companies remain undisclosed, their collective investment demonstrates a growing institutional appetite for cryptocurrency, specifically for Ethereum. This influx of capital could further drive ETH prices and solidify its position in the market. ```

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