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BitMine and Whale Fuel $882M ETH Accumulation, Boosting Institutional Demand and Price Targets

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Shared by Dario • August 16, 2025

Institutional and whale investors are making significant moves in the Ether market, with a combined acquisition of over $882 million in ETH. This surge in demand, led by Bitcoin mining firm BitMine Immersion Technology and an anonymous whale, is fueling optimism and driving upward price targets for the second-largest cryptocurrency.