BlackRock’s Ethereum Holdings Exceed $1 Billion Following Recent Investments

Ethereum is currently trading around $2,000, positioned at a major support zone along a trendline. Historical data shows that past bounces from this trendline in May and November 2022 resulted in price increases of 110% and 250%, respectively. If the trend continues, $ETH could reach $3,500 in the coming weeks.

Key Points:

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) invested an additional $155 million in $ETH, increasing total holdings to over $1.145 billion.
World Liberty Financial holds approximately $41 million in $ETH, accounting for 40% of its portfolio.
Institutional investment trends indicate growing confidence in $ETH's long-term prospects.

Investment opportunities include:

BTC Bull Token ($BTCBULL): A presale token linked to $BTC growth, raising over $4 million.
Solaxy ($SOLX): First Layer-2 solution for Solana, addressing network congestion issues, with $27.6 million raised in presale.
Lightchain AI ($LCAI): An AI-focused project on Ethereum, currently in presale with $18 million in funding.

Investors should consider risk management strategies and conduct thorough research before making any investment decisions.