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Grayscale Stakes 32,000 Ethereum Worth $150 Million – Institutional Demand Grows

NewsBTC•Tuesday, October 7, 2025 at 8:30:32 PM
PositiveCryptocurrency
Grayscale Stakes 32,000 Ethereum Worth $150 Million – Institutional Demand Grows
Grayscale has made a significant move by staking 32,000 Ethereum, valued at $150 million, as institutional demand for the cryptocurrency continues to rise. This comes after Ethereum experienced a remarkable rally, climbing from $3,800 to $4,700 in just a few days. The strong performance indicates that bulls are gaining control of the market, and analysts are eager to see if Ethereum can maintain its upward momentum and break through key resistance levels. This development is crucial as it reflects growing confidence in the cryptocurrency market and could signal further investment from institutions.
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