Top asset manager buys $28.78 million worth of ETH: Treating Ethereum as infrastructure, not for speculation

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[Crypto World] This move is pretty aggressive—one of the world’s top asset managers just dropped $28.78 million to sweep up ETH. They’re not here for short-term trading; they’re treating Ethereum as the underlying infrastructure for their own digital products like the BUIDL fund.

Right now, their wallet holds over 3.94 million ETH, ranking third globally. What’s even more important is that it’s not just them buying; companies like BitMine Immersion’s finance departments are also aggressively accumulating.

This kind of real, institutional-level investment is a strong signal that confirms the optimistic long-term outlook for Ethereum in mainstream on-chain finance—even if ETF redemptions are causing some volatility, the buying isn’t stopping.

ETH-0,49%
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LucidSleepwalkervip
· 2025-12-07 17:05
The way institutions are buying the dip shows their confidence in ETH's long-term value.
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LoneValidatorvip
· 2025-12-06 03:50
Institutions have become the third largest now—this is true conviction, not the bandwagon mentality of retail investors.
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LayerZeroJunkievip
· 2025-12-06 03:46
Institutions really are different; this is what long-term confidence looks like. Unlike us retail investors who worry about price fluctuations every day, they just accumulate ETH as fundamental infrastructure—3.94 million ETH, that's an incredible move.
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NftDeepBreathervip
· 2025-12-06 03:42
3.94 million ETH—this guy is really treating Ethereum as infrastructure. He's not gambling; he's doing business.
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DataBartendervip
· 2025-12-06 03:39
Damn, 3.94 million ETH ranks third in the world? This is a real vote of confidence, not just empty talk from those who keep shouting bearish every day.
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