ETHETH price rises to 3600 due to huge net inflow, accelerating institutional fundraising effortsThis week, due to the massive net inflow of ETFs and the "rush to raise" holdings of US stock companies' ETH reserve plans, ETH prices rose from 3000 to over 3600. Only some of the on chain addresses that I have noticed have hoarded up to 391000 ETH (1.4 billion) through various channels this week: ➡️ SharpLink Gaming purchased 88800 ETH (293 million) this week, with an average price of 3305. Their total ETH reserve has reached 358000 coins. https://((((((x.com))))))/EmberCN/status/1946363499229454753 ➡️ Accumulated 122691 ETH (442 million) through FalconX, with an average price of 3213. https://((((((x.com))))))/EmberCN/status/1946366841921896563 ➡️ I hoarded 103274 ETH (374 million) through Kraken, with an average price of 2885. https://((((((x.com))))))/EmberCN/status/1946007351066337482 ➡️ Accumulated 47121 ETH (169 million) through FalconX, with an average price of 3545. https://((((((x.com))))))/EmberCN/status/1946722728779886682 ➡️ Use 64.04 million USDT on the chain to purchase 18557 ETH, with an average price of 3451. https://((((((x.com))))))/EmberCN/status/1946486268092932207 ➡️ Purchase 10882 ETH with 36.6 million USDT, with an average price of 3363. Https://(((((x.com)))/EmmberCN/status/1946019071939789079 This article is sponsored by Bitget | @ Bitgetzh