Galaxy Digital's Multi-Million Ethereum Buy Signals Bullish Catalyst for ETH
I noticed Galaxy Digital has purchased millions of dollars worth of Ethereum, and I view this as a meaningful institutional vote of confidence in ETH. Large-scale buys by established crypto firms often signal growing institutional interest and can shift market sentiment in favor of price appreciation.
Given the scale of this investment, I believe it could act as a strong catalyst for Ethereum's price momentum in the crypto market. I expect the increased demand from such institutional inflows to contribute to upward pressure on ETH prices, at least in the near term.
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