<ul><li>Institutional investors have been showing increased interest in Ethereum's performance, with Abraxas Capital making significant investments in ETH recently.</li><li>Ethereum has surged by 63% this month, outperforming most major assets, with its price reaching $2,601 per ETH.</li><li>Abraxas Capital withdrew 278,639 ETH from exchanges since May 7, securing holdings at an average price of $2,350 and now holding an unrealized profit of $77 million.</li><li>Ethereum's recent rally surpassing Bitcoin's gains by a large margin indicates a potential shift in market dynamics, with institutional investors positioning themselves for further growth.</li></ul>

How Ethereum Managed to Recover After Months of Underperformance

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