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Institutional Money is Flowing into Ethereum at a Shocking Rate, New Data Shows

Ethereum has been one of the best performing cryptocurrencies throughout the course of the recent uptrend that was incurred yesterday evening, with ETH’s bulls propelling the crypto up nearly 10%.

This intense uptrend has come shortly after new data was released showing a massive influx of institutional money into ETH, which could be a sign that the cryptocurrency is on the cusp of seeing some immense bullishness in the mid-term.

Ethereum’s explosive uptrend and news regarding institutional inflows also comes shortly after it experienced a massive influx of buying pressure from whales on Bitfinex, which may have been a sign that this uptrend was imminent.
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