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📢 Institutional #Ethereum# Purchase | SharpLink
SharpLink has purchased a total of 83,561 $ETH at an average price of $3,634, amounting to approximately $264.5 million.
🔍 Such large-scale institutional purchases signal ongoing interest in Ethereum from major players, indicating that long-term investors are willing to enter positions at these levels.
📊 On-chain data shows increased wallet activity and large buy orders in recent days suggesting that strong hands may once again be active on the $Ethereum side.
🧠 Institutional investors typically focus on mid- to long-term trends rather than short-term fluctuations. This move may suggest that $ETH will remain on the institutional radar in the coming periods.
‼️ This is not investment advice
#Ethereum# #ETH # Altcoin #Crypto