According to @AltcoinGordon on Twitter, BlackRock has acquired another $70.2 million worth of Ethereum (ETH) amidst widespread market panic. This significant institutional buy signals strong confidence in ETH's long-term value, despite current volatility. Traders should note that BlackRock's repeated large-scale investments often precede upward price momentum, making this move an important indicator for potential ETH price action. Source: @AltcoinGordon, May 31, 2025.