In accordance to Token Terminal, many of the capital deployed in BlackRock’s BUIDL fund stays focused on Ethereum, with extra publicity throughout Avalanche, Polygon, Aptos, Arbitrum, and Optimism. Nevertheless, Ethereum’s dominance as the bottom layer for tokenized real-world property (RWAs) continues to stand out.
This inflow of institutional capital coincides with a rising sample of Ethereum whale accumulation.
Blockchain analytics platform Nansen reveals that since March 12, 2024, the 1,000–10,000 ETH cohort has grown by 5.65%, whereas the ten,000–100,000 ETH cohort has surged by 28.73%.
