Institutional holdings are making big moves again. Major holders within the Ethereum ecosystem have recently increased their holdings by 24,266 ETH, bringing their total holdings close to the critical level of 4.2 million ETH. More notably, this institution's staked assets have nearly doubled during the same period. This continuous increase in holdings and staking expansion reflects market participants' positive outlook on Ethereum's long-term prospects. In the current market environment, such actions by large holders often serve as important indicators of market sentiment.
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Institutional holdings are making big moves again. Major holders within the Ethereum ecosystem have recently increased their holdings by 24,266 ETH, bringing their total holdings close to the critical level of 4.2 million ETH. More notably, this institution's staked assets have nearly doubled during the same period. This continuous increase in holdings and staking expansion reflects market participants' positive outlook on Ethereum's long-term prospects. In the current market environment, such actions by large holders often serve as important indicators of market sentiment.