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Ethereum ascends: Institutional pivot and dormant whale moves signal a new era

  • Bit Digital shifted its treasury from Bitcoin to over 100K ETH, reflecting a growing institutional interest in Ethereum.
  • Multiple dormant Ethereum wallets from the early days of the cryptocurrency have become active, indicating confidence shifts or strategic repositioning.
  • Ethereum's price outlook shows bullish momentum, with technical analysis suggesting a potential 35% breakout for the ETH/BTC pair by August.
  • Vitalik Buterin proposed a new gas cap mechanism to enhance Ethereum network stability, highlighting ongoing protocol upgrades amid growing institutional adoption.

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