{"id":157627,"date":"2023-11-27T11:46:10","date_gmt":"2023-11-27T11:46:10","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=157627"},"modified":"2023-11-27T18:26:07","modified_gmt":"2023-11-27T18:26:07","slug":"institutional-whales-are-accumulating-ethereum-here-is-why","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/institutional-whales-are-accumulating-ethereum-here-is-why\/","title":{"rendered":"Institutional Whales Are Accumulating Ethereum (ETH). Here Is Why"},"content":{"rendered":"<p style=\"text-align: justify\">Amid the constant evolution of the cryptocurrency market, <a href=\"https:\/\/crypto-economy.com\/what-is-ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum (ETH)<\/a>, the second largest cryptocurrency in terms of market capitalization after <a href=\"https:\/\/crypto-economy.com\/what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>, <strong>has attracted the attention of institutional investors significantly.<\/strong><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\">According to <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/656368c10056557d5cc90ee5-The-Surge-in-Institutional-Ethereum-Holdings\" target=\"_blank\" rel=\"noopener\">CryptoQuant<\/a> analysis carried out by renowned analyst @Woo_Minkyu, <strong>a marked increase has been observed in the amount of Ethereum acquired<\/strong> by these large financial entities.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Surge in Institutional <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Ethereum<\/a> Holdings<\/p>\n<p>&quot;This surge, occurring as Ethereum&#39;s price stabilizes between 1.8K and 1.9K USD, signals a growing interest from institutional investors.&quot;<br \/>by <a href=\"https:\/\/twitter.com\/Woo_Minkyu?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@Woo_Minkyu<\/a> <\/p>\n<p>Link \ud83d\udc47<a href=\"https:\/\/t.co\/qm3QHpU3cj\" target=\"_blank\">https:\/\/t.co\/qm3QHpU3cj<\/a><\/p>\n<p>&mdash; CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1728929327033864447?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">This increase in Ethereum accumulation by institutional investors <strong>has coincided with a period in which the price of Ethereum has stabilized<\/strong>, remaining in a specific range between $1,800 and $1,900 USD.<\/p>\n<h2>The stabilization of Ethereum appears to have served as a catalyst for decision making<\/h2>\n<p style=\"text-align: justify\">Institutions and large investors have chosen <strong>to increase their exposure to Ethereum<\/strong> in this period.<\/p>\n<p style=\"text-align: justify\">CryptoQuant&#8217;s analysis indicates that this increase in the acquisition of Ethereum by institutional investors<strong> reflects a clear interest and confidence in the long-term potential<\/strong> of this cryptocurrency.<\/p>\n<p style=\"text-align: justify\">Specifically, these market players <strong>view<\/strong> <strong>Ethereum as a solid investment<\/strong>, and their accumulation during a period of price stability suggests a deliberate strategy to secure their position in this asset.<\/p>\n<p style=\"text-align: justify\">The confidence of these institutional investors is based, in part, on the technical improvements planned for Ethereum, such as <strong>the updates associated with Ethereum 2.0<\/strong> and improvements in smart contract functionality.<\/p>\n<p style=\"text-align: justify\">These technological advances have been identified <strong>as key factors driving growth<\/strong> and increasing the potential long-term value of Ethereum.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-157628 aligncenter\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/11\/Eth-1.jpg\" alt=\"Institutional Investors Flock to Ethereum Amidst Price Stability\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/11\/Eth-1.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/11\/Eth-1-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/11\/Eth-1-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\">At the time of writing, Ethereum is trading around $2,020 USD, <strong>reflecting relative stability<\/strong> in its price after experiencing a rally in November, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>.<\/p>\n<p style=\"text-align: justify\">This stability, combined with <strong>significant accumulation by institutional investors<\/strong>, offers an optimistic outlook for the future of Ethereum and underlines the confidence of these financial players in its ability <strong>to remain a strong asset with growth potential<\/strong> in the blockchain market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid the constant evolution of the cryptocurrency market, Ethereum (ETH), the second largest cryptocurrency in terms of market capitalization after Bitcoin, has attracted the attention of institutional investors significantly.<\/p>\n","protected":false},"author":33,"featured_media":157629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,70,74],"tags":[4679,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/157627"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=157627"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/157627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/157629"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=157627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=157627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=157627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}