According to Crypto Rover, Abraxas Capital has purchased an additional $115.3 million in Ethereum (ETH), raising their total ETH holdings to approximately $837 million (source: Crypto Rover on Twitter, May 20, 2025). This substantial acquisition highlights growing institutional interest in Ethereum, potentially driving bullish sentiment and increased market momentum for ETH. Traders should note that such large-scale purchases by major funds can influence price action and liquidity in the near term, signaling confidence in Ethereum’s long-term value proposition.

According to Crypto Rover, institutional accumulation of ETH is increasing at an unprecedented rate, signaling a strong bullish trend for Ethereum. Verified on-chain analytics suggest that large-scale investors are rapidly adding ETH to their portfolios, indicating heightened confidence in Ethereum's long-term value and price potential. This trend may drive increased volatility and trading opportunities in the crypto market, especially as smart money flows into ETH (Source: Crypto Rover Twitter, May 18, 2025).

According to Lookonchain, on April 29, 2025, ten Bitcoin ETFs saw total net inflows of 6,634 BTC, valued at $630.22 million, while nine Ethereum ETFs reported net inflows of 41,940 ETH, worth $76.33 million. Blackrock’s iShares led the inflows with an impressive 10,249 BTC ($973.65 million) and 37,537 ETH ($68.32 million). iShares currently holds 598,936 BTC ($56.9 billion), signaling strong institutional interest and ongoing accumulation, which typically supports bullish trading sentiment and potential upward price momentum. (Source: Lookonchain Twitter, April 29, 2025)