The Trump family fund has made significant investments in ETH.
Recently, amidst the panic atmosphere of market crashes, the Trump family fund has gone against the trend, continuously increasing their holdings of ETH. Their operation is highly covert, mainly executed through frequent small buy orders, with most single transactions ranging from dozens to thousands of dollars, in order to minimize market price fluctuations. The trading frequency is astonishing, with dozens of transactions occurring every hour.
This year, the Trump family fund's scale is about $500 million, with approximately 70% of the funds precisely targeted at ETH, totaling around $350 million. In fact, since January of this year when the price of ETH was above $3,500, they have initiated a buying mode that continues to this day. In just the past week, the Trump family fund has initiated over 4,800 transactions to purchase ETH.
Previously, there were reports that they transferred a large amount of funds to Coinbase, leading some to speculate that they were crashing the market. However, in my opinion, this is merely a routine operation by the Trump family, deep participants in the crypto circle, to avoid drawing excessive market attention during specific periods. They are both active market participants and capable of guiding the crypto space, and engaging in foolish actions like buying high and selling low does not align with their interests, and they are still continuously buying ETH. After all, in the crypto world, it is not uncommon for whales to hide their positions. What potential has Trump seen in ETH to be so optimistic?
BlackRock and UBS have increased their holdings of strategic stocks, highlighting the value of the crypto space.
BlackRock and UBS both took action yesterday, significantly increasing their holdings of strategic company stocks worth $1.8 billion, making UBS the fourth largest shareholder of that strategic company.
When the market was in a state of depression due to short-term panic selling (FUD), their large-scale operation stood out. It is noteworthy that BlackRock's transfer of some funds to the exchange seemingly caused a small 'market crash', but investigations found that this was mainly due to retail investors redeeming their assets, while BlackRock's decision was actually to increase their holdings of strategic stocks, which indirectly increased BTC.
Moreover, BlackRock plans to allocate 1-2% of IBIT in its model investment portfolio, which undoubtedly sends a positive signal. Meanwhile, UBS, as the largest Swiss banking institution in the world, has increased its holdings of strategic company stocks by $1.216 billion, which is certainly not a whimsical act. Various signs indicate that the value in the crypto space is gradually entering the view of traditional asset management institutions, and its influence in the crypto space is expanding, which undoubtedly lays a solid foundation for the continued rise in cryptocurrency prices.
I solemnly promise that the above information is derived after in-depth research and analysis of the dynamics of major players, and is true and reliable. I hope that everyone can hold on to their beliefs during this wave of market fluctuations and achieve ideal results this year!
