Institutions Go Shopping: Whales Scoop Up $4.16-B Of Ethereum Tokens In Past Month

Description

Institutional investors have taken center stage in crypto discussions in recent weeks, with emerging treasury companies being the talk of the town. Ethereum—behind only Bitcoin— is one of the cryptocurrencies being accumulated by the new market entrants (mostly institutional players). Interestingly, the latest on-chain data shows that this relevant class of investors has stepped up their purchases in recent weeks, purchasing billions of Ethereum tokens in the past 30 days. Are Institutions Behin...