If you feel that the crypto market has been boring lately, take a look at what the biggest players in the world—BlackRock—are doing.
They’ve just been buying Ethereum (ETH) for 9 days in a row without selling a single coin!
💡 3 Key Things Happening Now:
- Market Dominance ($1.02 Billion): 72% of the total money flowing into Ethereum ETFs in the United States came from a single source: BlackRock (through their product, ETHA).
- Ethereum’s Future Looks Even Stronger: ETHA managed to amass $10 billion worth of assets in just 251 days. This record is only surpassed by the Bitcoin ETF in terms of fastest growth.
- Bottom-Scraping Strategy (Averaging Down): BlackRock’s average purchase price from its initial capital is around $3,060. When the price of ETH fell to the $2,400–$2,550 range, they didn’t panic—instead, they took advantage of the moment to buy more at a discount.
🔍 So what’s the conclusion?
The gap between institutional interest in Bitcoin and Ethereum is getting narrower. The market narrative typically starts changing quietly before the price actually starts to surge.
💭 What do you think?
Is BlackRock’s bottom-scraping action a sign of strong conviction, or a strategy that’s too risky?
👇 Join the discussion in the comments!
#Ethereum #ETH #BlackRock #CryptoIndonesia #CryptoNews
They’ve just been buying Ethereum (ETH) for 9 days in a row without selling a single coin!
💡 3 Key Things Happening Now:
- Market Dominance ($1.02 Billion): 72% of the total money flowing into Ethereum ETFs in the United States came from a single source: BlackRock (through their product, ETHA).
- Ethereum’s Future Looks Even Stronger: ETHA managed to amass $10 billion worth of assets in just 251 days. This record is only surpassed by the Bitcoin ETF in terms of fastest growth.
- Bottom-Scraping Strategy (Averaging Down): BlackRock’s average purchase price from its initial capital is around $3,060. When the price of ETH fell to the $2,400–$2,550 range, they didn’t panic—instead, they took advantage of the moment to buy more at a discount.
🔍 So what’s the conclusion?
The gap between institutional interest in Bitcoin and Ethereum is getting narrower. The market narrative typically starts changing quietly before the price actually starts to surge.
💭 What do you think?
Is BlackRock’s bottom-scraping action a sign of strong conviction, or a strategy that’s too risky?
👇 Join the discussion in the comments!
#Ethereum #ETH #BlackRock #CryptoIndonesia #CryptoNews
