BlackRock clients purchased over $20 million in ETH this week, while the IBIT Bitcoin ETF saw $60 million in net outflows. Ethereum staking reached a record 40.2 million ETH, representing approximately 33% of the total supply and valued at over $63 billion. A whale also withdrew 40,000 ETH, worth approximately $76.58 million, from Binance, a signal often interpreted as bullish as assets leave exchange platforms. These figures are boosting investor optimism on Ethereum’s 11th anniversary, although none of these indicators guarantee a rally.
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