Ethereum News Update: "Institutional Surge in Ethereum Contrasts with Vitalik's Cautions on Decentralization"

Bitget App

Trade smarter

Bitget

News

Markets

Ethereum News Update: "Institutional Surge in Ethereum Contrasts with Vitalik's Cautions on Decentralization"

Bitget-RWA2025/11/26 00:56

By:Bitget-RWA

- Ethereum sees renewed whale activity as a major address buys 1,110 ETH at $3,250, signaling institutional/whale accumulation amid market volatility. - BitMine (BMNR) adds $83M in ETH to its treasury, now holding 3.6M ETH (3% of supply), leveraging low costs and staking rewards to support its "dip buying" strategy. - Grayscale launches first U.S. Dogecoin ETF (GDOG), reflecting growing institutional crypto legitimacy, while Vitalik Buterin warns of decentralization risks from rising institutional control.

Ethereum (ETH) has experienced a resurgence in activity, as a significant whale wallet returned to the market after a three-month hiatus, acquiring 1,110 ETH at an average rate of $3,250,

based on data from on-chain analytics

. This action comes amid heightened market fluctuations, with ETH hovering around $2,800 during

$1.5 billion in ETF withdrawals

and the ongoing impact of a major liquidation event from October. This purchase contributes to the growing narrative of accumulation by institutions and large holders, with

BitMine Immersion

Technologies (NYSE: BMNR)

taking a leading role

by adding $83 million worth of ETH to its reserves, bringing its total to about 3.6 million ETH—close to 3% of the total supply in circulation.

BitMine’s approach highlights a wider pattern of “buying the dip,” as the company recently picked up 21,000 ETH and 82,353 ETH in November alone. Although BMNR’s ETH holdings are currently below its average purchase price of $3,120, the company’s treasury strategy depends on minimal operating costs and staking returns to endure the downturn. Tom Lee, the company’s chairman,

anticipates a recovery to $7,500

by the end of the year, pointing to the effects of “quantitative tightening” and Ethereum’s potential as a “supercycle” asset.

Institutional momentum is also being fueled by regulatory progress.

Grayscale introduced its spot Dogecoin Trust ETF (GDOG)

on NYSE Arca, making it the first U.S.-approved ETF for

DOGE

. This fund, which holds actual

Dogecoin

tokens, demonstrates growing institutional trust in digital assets and signals a broader acceptance of

meme

coins.

Experts estimate GDOG could see $11 million

in trading volume on its first day, underscoring the increasing overlap between traditional finance (TradFi) and the crypto sector.

Yet, Ethereum’s swift embrace by institutions has sparked worries about its decentralization.

Vitalik Buterin cautioned

that the rising influence of institutions—highlighted by BlackRock’s

Ethereum

ETF dominance—could undermine Ethereum’s foundational principles. He pointed out dangers such as alienating the community and technical shifts that benefit high-frequency traders, potentially leading to more centralized node management. With nine U.S. ETFs now collectively holding over $18 billion in ETH, Buterin called on the community to defend “permissionless access” and “censorship resistance.”

At the same time, whale movements present a mixed picture. While some large holders are accumulating, others are selling off.

One whale offloaded 17,804 ETH

after holding for three weeks,

incurring a $10 million loss

. Another address sold 18,517 ETH in a rapid sale, losing $25.29 million, and still holds 1,560

WBTC

with unrealized losses totaling $41.12 million.

These actions stand in contrast to a recent surge

in whale buying: over 394,682 ETH (worth $1.367 billion) was acquired in just three days by several addresses, including a whale previously associated with shorting.

Market indicators point to ongoing turbulence. Event contract data suggests there is a 70% probability that ETH could fall to $2,750 by year’s end, though technical analysts such as Mark Newton from Fundstrat believe a rebound to $3,700 is possible if the $3,000 support level is maintained. Longer-term projections differ, with some analysts expecting ETH to reach between $7,000 and $8,000 by late 2025, depending on ETF inflows and a planned network upgrade in December.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Reliance Global Group shifted its Digital Asset Treasury entirely to Zcash (ZEC), citing its privacy features and institutional-grade confidentiality as strategic advantages over Bitcoin . - The move aligns with broader market trends, as Evelyn Partners boosted Nasdaq holdings by 2,663% while Franklin Resources reduced its stake amid volatile institutional strategies. - Zcash's zero-knowledge proofs and selective disclosure capabilities were highlighted by Reliance's advisory board as critical for enterp

Bitget-RWA•2025/11/26 03:22

Zcash News Update: Reliance Chooses Zcash for Its Advanced Institutional Privacy

XRP News Update: With Korea Cracking Down on Exchanges, Institutional Interest in Crypto Surges

- South Korea's Financial Intelligence Unit imposes fines on Bithumb and major crypto exchanges for AML/KYC violations, following a $26M penalty on Upbit operator Dunamu. - XRP Tundra accelerates its 2025 launch via institutional buyout, securing ecosystem funding and multi-exchange onboarding while maintaining $0.01 retail token pricing. - Three XRP spot ETFs, including Grayscale's November 24 debut, gain traction in traditional finance, with Bitwise's ETF attracting $107.6M in initial inflows. - Regulato

Bitget-RWA•2025/11/26 03:22

XRP News Update: With Korea Cracking Down on Exchanges, Institutional Interest in Crypto Surges

Astar 2.0: Will It Revolutionize DeFi in 2025?

- Astar 2.0 introduces ZK Rollups, LayerZero interoperability, and hybrid AMM-CEX models to address DeFi scalability and liquidity challenges. - The platform achieved $1.399B TVL and $27.7B daily trading volumes by Q3 2025, driven by institutional adoption and AI-powered security frameworks. - Tokenomics 3.0 with fixed supply and Burndrop PoC enhances governance transparency, while cross-chain solutions reduce fragmentation in DeFi ecosystems. - Despite competition from Ethereum L2s and regulatory risks, A

Bitget-RWA•2025/11/26 03:22

Astar 2.0: Will It Revolutionize DeFi in 2025?

Aster DEX's Rapid User Growth: Reflecting DEX Adoption Trends in 2025

- DEXs captured 20% of global crypto trading volume in Q3 2025, doubling from 2024 as self-custody demand grows. - Aster DEX's ASTER token upgrade enabled 80% margin trading, driving 800% volume surge after CZ's $2M token purchase. - Upcoming Aster Chain (Q1 2026) will use zero-knowledge proofs to address DeFi's scalability and privacy challenges. - DEX derivatives volume hit $1T/month in Q3 2025, with Aster's fee discounts positioning it to capture market share. - Aster DEX exemplifies DEX evolution throu

Bitget-RWA•2025/11/26 03:22