FTX Stakes $79M in ETH, Whales Are Buying, BlackRock’s ETHA Keep Growing

Description

TL;DR FTX staked $79M ETH after withdrawing $75M, signaling renewed activity from major crypto players. BlackRock now holds 2.5% of all ETH, adding $375M more through its growing Ethereum ETF. Eleven new whale wallets added 722K ETH since July, with most already staked for the long term. Ethereum ETFs saw $5.41B in July inflows, beating combined gains from the last eleven months. FTX Moves ETH From Bybit, Then Stakes It On-chain data tracked by Lookonchain shows that FTX and Alameda Research sta...