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BitcoinSistemi 2025-05-13 21:16:07

Is This the Reason Behind Ethereum’s Big Rally? A $500 Million ETH Purchase Is on the Table

Is This the Reason Behind Ethereum’s Big Rally? A $500 Million ETH Purchase Is on the Table

London-based asset management firm Abraxas Capital purchased nearly $500 million worth of Ethereum (ETH) in just six days, according to on-chain data. According to a post by on-chain analytics platform Lookonchain based on Arkham Intelligence data, the company has acquired an additional 33,482 ETH (approximately $84.7 million) in the last 12 hours, bringing the total to 211,030 ETH (approximately $477.6 million). Lookonchain also stated that Abraxas Capital borrowed 240 million USDT via Aave prior to these acquisitions and deposited these funds into Binance. Related News: Billionaire Entrepreneur Tim Draper Reveals His Predictions for the Future of Bitcoin - “The Price of BTC in 2025...” Presto Research analyst Min Jung said, “ETH had lagged behind BTC throughout the year. However, we see some confidence returning after the Pectra update. The ETH/BTC parity had fallen 40 percent since the beginning of the year to 0.02 levels, and it is not surprising that buyers stepped in at these levels.” LVRG Research Director Nick Ruck stated in his statement that the Pectra upgrade triggered an increase in prices and made the following assessment: “With positive macroeconomic news, investors have begun to believe that the crypto industry can once again be a haven from market uncertainty. The end of the negative trend in altcoins and the reemergence of risk appetite are changing investor sentiment.” *This is not investment advice. Continue Reading: Is This the Reason Behind Ethereum’s Big Rally? A $500 Million ETH Purchase Is on the Table

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine