Ethereum Witnessing Surge in Institutional Investment, Treasury Firms Buy Big

Global institutional investment in Ethereum has been on the rise, as major treasury firms and prominent whales are accumulating significant amounts of ETH. BitMine, one of the world’s largest Ethereum treasury institutions, made a recent $358 million purchase, followed by increased activity from Galaxy Digital and FalconX, according to on-chain analytics platform Lookonchain. This wave of investment has pushed Ethereum’s price higher and helped it maintain resilience during a broader crypto market downturn.