Ethereum Holds Strong Above $2,850 Amid Institutional Demand

Ethereum Holds Strong Above $2,850 Amid Institutional Demand
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Ethereum (ETH) is showing resilience above the $2,850 support level, with institutional players like SharpLink Gaming making significant purchases. Market sentiment remains bullish as ETH eyes higher price targets amid strong fundamentals. Regulatory developments and technical indicators suggest further upside potential.

  • SharpLink Gaming becomes the largest public ETH holder with $611M in holdings, signaling strong institutional confidence.
  • ETH's price holds above $2,850, a key breakout zone, with technical indicators pointing to further upside toward $3,500.
  • Record-high ETH staking and elevated on-chain accumulation highlight long-term bullish sentiment.
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