Institushon dem don gather 795,000 ETH as BMNR don raise $20B
One recent Coinbase report wey David Duong, the institutional research director give, show say demand for Ethereum dey rise well well. Big treasury reserve companies don gather over 795,000 ETH (about $3.6 billion), wey be more than 2% of all the ETH wey dey. At the same time, BMNR bin successfully raise $20 billion, wey don boost im total acquisition power to $24.5 billion. Dis kine moves show say institutions get strong belief for Ethereum future and dem dey make market confidence dey high.
Bullish
Big big ETH buys wey treasury reserve companies dey do plus $20 billion BMNR fundraising round dey show say institutional backing strong wella. Historically, this kain institutional buy-ins like Grayscale’s ETH Trust purchases don dey make price rallies happen. Short term, this news fit increase buying pressure and trading volume. Long term, consistent accumulation by institutions fit support Ethereum market stability and help price go higher as demand dey outpace supply growth.