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Influencer Reveals BlackRock, Fidelity’s ETH buy, Fuels ETH $5K Rally
- BlackRock and Fidelity have purchased 37,900 ETH, worth $130.8 million, in a single day.
- Institutional interest and confidence in Ethereum is growing with such aggressive purchases.
- Speculation arises about Ethereum reaching $5,000 with the influx of institutional capital.
- Market conditions and adoption rate of blockchain technology remain key factors in Ethereum's price trajectory.
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