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Ethereum’s Treasury Swells: ’Ether Machine’ Snaps Up 15,000 ETH in Bold Accumulation Move
Ethereum’s Treasury Swells: ’Ether Machine’ Snaps Up 15,000 ETH in Bold Accumulation Move
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Ethereum's treasury just got a major boost—15,000 ETH richer in a single buy. The so-called 'Ether Machine' isn't just humming; it's roaring.
Why this matters: Strategic accumulation signals confidence (or maybe just another hedge against traditional finance's slow-motion meltdown).
Behind the move: While Wall Street debates yield curves, Ethereum's treasury team operates with crypto's trademark ruthless efficiency. No committees, no paperwork—just execution.
The big question: Is this a bullish bet on ETH's future utility, or a calculated play to tighten supply? Either way, it's a power move that'd make legacy finance blush.
Closing thought: Meanwhile, your bank still takes 3 business days to process a wire. Priorities.
The Ether Machine just made a bold move in the crypto space. Its subsidiary, The Ether Reserve LLC, recently bought 15,000 ETH, worth $56.9 million. The tokens were purchased at a price of $... Read More
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