ETH Bullrun In Sight? Blackrock Adds $276.16 Million ETH

BlackRock just made a huge crypto move, dropping $276 million on Ethereum (ETH). This isn’t the first time the investment giant has gone big on crypto. The company has been stacking up ETH through its ETF for a while and after this latest massive buy holds nearly a billion dollars’ worth.

A lot of people think this means big players are getting in before ETH price skyrockets. Around the same time, World Liberty Financial, a company linked to the Trump family, bought 86,000 ETH (about $422 million). To top it off, Eric Trump posted on X that “It’s a great time to add $ETH” right before these massive buys.

But not everyone’s feeling bullish. Some big-money traders have been betting against ETH, causing some chaos. One whale used 50x leverage to short ETH and made nearly $17 million when the price dipped. Another moved over $228 million in ETH to an exchange, which usually means they’re about to sell.