Ethereum Treasury don reach 3.7M ETH as Bitmine add 135K ETH
COINOTAG News data dey show say Ethereum Treasury Company get 3.7 million ETH for 70 wallets. Dis one represent 3.06% of all di ETH wey dey. Meanwhile, Bitmine raise im stake by 135,000 ETH. E holdings now total 1.297 million ETH. Dis kain big buy dey show say institutional people dey involved more and fit affect market liquidity. Traders suppose dey watch dis kain moves well to fit predict how Ethereum price go be for future.
Bullish
Di big plenty wey Ethereum Treasury Company plus Bitmine don gather show say institutional demand strong well well. Big buy fit reduce how many dey for market, e go make price pressure dey go up. For history, similar institutional money wey enter before don show say market go rise. For short time, dis kind move fit make traders get confidence, dem go start buy. For long time, as big holders dey gather steady steady e dey support say Ethereum value go good.