Ethereum Institutional Investment Reaches Historic Scale Amid Altcoin Bloodbath

Ethereum's institutional investors have been quietly accumulating the cryptocurrency at historic scale, with whale addresses expanding their holdings from approximately 8 million to over 24 million ETH.

This significant investment is part of a broader market trend where Ethereum has partially avoided the altcoin bloodbath, with capital rotating into ETH as a store of value.

Co-founder Vitalik Buterin's commitment to the project is also evident, with his recent transactions suggesting stewardship rather than extraction. His net worth remains concentrated in ETH, which would be alarming for any financial advisor but speaks directly to his conviction in the network he built.