#Ethereum is on fire, and the momentum is undeniable.
Institutions are diving in deep BitMine now holds a staggering $500 million in
$ETH , and BlackRock recently made waves with a $230 million purchase.
Ethereum Spot ETFs are booming too, adding 61,000 ETH just last week.
That marks eight straight weeks of inflows, bringing total holdings to 3.77 million
#ETH , nearly reclaiming the February peak of 3.81 million.
Behind the scenes, whales are making bold moves. On June 12 alone, wallets holding between 1,000 and 10,000 ETH snapped up 871,000 ETH,the largest one-day accumulation since 2017