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broooooo, Ether Machine going all in with $654M on 150,000 ETH, they’re making waves in the ETH market
eth machine is ballin’ with $654M worth of eth, 150k eth in the bag: institutions flexin’ their muscle on exchanges
The Ether Machine, a crypto infrastructure company, is acquiring a significant amount of Ethereum, positioning itself as a major player in the market. They recently obtained $654 million worth of ETH, equivalent to 150,000 ETH, as part of their investment strategy. This move reflects a growing trend of institutional entities directly holding Ethereum, which is reshaping the market dynamics. The increase in demand for ETH from entities like the Ether Machine is contributing to a decrease in Ethereum reserves on exchanges, potentially impacting the price trajectory. 🚀🔥
https://altcoin.observer/this-company-plans-to-make-public-with-an-ethereum-treasure-here-are-how-many-eths-they-bought/
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