BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.
Binance traders’ ETH exposure has climbed as the exchange’s leverage ratio reached a record high while ether reclaimed levels above $3,000. The build-up comes just ahead of the Fusaka upgrade and raises the risk of amplified volatility.
Antithesis raised $105 million in a Series A led by Jane Street to scale deterministic simulation testing that can exactly replay complex failures for Ethereum and other always-on systems. The funding will accelerate production deployments and integrations with node software and smart contract tooling.
Ethereum climbed past $3,000 after the Fusaka upgrade launched, rebounding roughly 10% in 24 hours following days of sideways trading. Traders pointed to the upgrade and a pickup in risk appetite as catalysts.
Vanguard will allow clients to access crypto ETFs tied to Bitcoin, Ethereum, XRP and Solana, a move that broadens mainstream exposure and integrates digital assets into traditional portfolios. The decision could reshape allocation strategies for millions of investors.
Investor Kevin O'Leary declared that bitcoin and ethereum are the only sources of alpha left in crypto, calling other tokens "noise." His blunt stance spotlights a growing concentration of attention on BTC and ETH.
Ethereum slid about 6% in the past 24 hours, dropping under the $3,000 level as long-term holders realized profits. The pullback has paused recent recovery momentum and put focus back on near-term support.
Ether dipped below $3,000 after a stalled recovery, though buyers defended $2,800 amid ongoing ETF inflows; market caution grew on concerns about a potential Bank of Japan rate hike.
A long-inactive Ethereum wallet holding roughly $119 million in ETH moved funds for the first time in years, according to Lookonchain. The on-chain activity has traders and analysts watching for follow-up transfers to exchanges or staking platforms.
BlackRock transferred 4,044 BTC and 80,121 ETH while ETF products recorded $354M in BTC and $235M in ETH redemptions, signaling net outflows rather than fresh institutional demand.