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The Ethereum price is once again at the center of attention as a wave of bullish signals has emerged, raising odds for a rally soon. This optimism is due to advanced institutional interest and on-chain metrics reflecting whale accumulation.
The current bullish sentiment has boosted market-wide sentiment, and analysts are eyeing a breakout towards $3,500 in the short term.
BlackRock Buys, Whale Wallets Expand
According to CryptoGoos, BlackRock reportedly bought $100 million worth of Ethereum in the past 7 days, which clearly shows aggressive purchases…
