Arkham analytics shows BlackRock, Fidelity, and Grayscale heavily loading up on ETH, Ethereum leads as the most bullish altcoin.
BlackRock and Fidelity bought $288.9 million worth of ETH recently.
BlackRock, Grayscale, and Fidelity are leading the charge in ETH accumulation.
As ETH accumulation grows stronger, the price of Ethereum gets closer to reclaiming its previous ATH target.
The price of ETH nears the big boss breakout level at $4,000. Once through ETH enters price discovery phase.