Raoul Pal Doubles Down on Ethereum: Adds $4.05 Million to Long Position

Renowned macro investor Raoul Pal has significantly increased his Ethereum (ETH) position, now holding a long stake worth over $4.05 million. This strategic move signals a strong belief in the cryptocurrency’s growing influence within the financial system and its potential to drive future cycles. 2.3% increase in ETH price on exchanges like Binance followed this announcement, reflecting market reaction to Pal’s investment.