Institutional interest in Ethereum continues to rise as significant transactions were recorded recently. Bitmine received 14,665 ETH, valued at approximately $65.3 million, from Galaxy Digital. Additionally, FalconX transferred 65,662 ETH, worth around $293 million, to three newly created wallets. These transactions highlight the ongoing demand for Ethereum among institutional investors.
Institutional Ethereum Purchases Surge with $358M in Recent Transactions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.