The competition among institutional investors in the United States to secure Ethereum (ETH) has reignited. As listed companies have been announcing funding plans worth billions of dollars, large whale investors' massive purchase movements are also notable. This atmosphere is interpreted as rising market expectations across asset markets ahead of the U.S. inflation index announcement.
BitMine Immersion Technology, a listed company related to Bitcoin (BTC) mining, disclosed in documents submitted to the U.S. Securities and Exchange Commission (SEC) this week that it plans to acquire additional Ethereum through stock sales of approximately 340.5 billion won (2.45 billion dollars). Around the same time, SharpLink, a sports betting technology company, has completed the issuance of common stock worth about 54 billion won (389 million dollars), actively diversifying its asset portfolio.
These moves reflect expectations beyond simple short-term investments, indicating long-term changes in Ethereum's role and increased demand. Particularly among technology companies in the top Ethereum holdings, there is a detected atmosphere of classifying core crypto assets as strategic assets and strengthening long-term holdings.
During the same period, another massive whale wallet movement was captured in the market. According to confirmed addresses, a new whale address group purchased Ethereum worth approximately 1.807 trillion won (13 billion dollars) through 10 new wallets. This exceeds last week's exchange-traded fund (ETF) inflow of about 1.39 trillion won (10 billion dollars). Experts are interpreting this from a long-term holding perspective due to macroeconomic exchange rate and monetary policy changes, rather than short-term surge expectations.
These movements by corporate and whale investors are closely related to changes in the U.S. economic trend. On July 4th last month, after President Trump signed the 'One Big Beautiful Bill' act, U.S. federal debt reached an all-time high of approximately 51.43 quadrillion won (37 trillion dollars). Amid expectations that expanded fiscal expenditure could strengthen economic stimulus, the market is raising the possibility of the Federal Reserve resuming quantitative easing.
Market analysts are presenting a scenario where Bitcoin prices could rise to about 183.48 million won (132,000 dollars) based on Bitcoin's correlation coefficient when liquidity expansion policies resume. This is an estimate reflecting the correlation between M2 money supply increase and crypto asset prices.
Overall, the acquisition competition among institutions surrounding Ethereum appears to be strategic asset acquisition responding to future economic policy and interest rate flow changes, rather than short-term trading strategies. As whale choices indicate market direction, the possibility of global fund flows being realigned around Ethereum is increasing.
Real-time news...Go to TokenPost Telegram
<Copyright โ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
