Jack Ma, the founder of Alibaba, is reportedly building a substantial reserve of Ethereum (ETH) with a price target of $10,000, according to Coinomedia. This strategic move is believed to be in anticipation of Ethereum's future growth, especially with the ongoing developments like Ethereum 2.0. Insiders indicate that Ma's investment aligns with increasing institutional interest in Ethereum, suggesting a focus on long-term value appreciation.
Jack Ma Allegedly Amassing Ethereum, Targets $10,000 Price
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