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Ethereum Faces Mixed Signals: BlackRock Buys, Founder Sells, Price Watch

March 9, 2026, 06:01 PM146 words6 sourcesAI-Generated · Reviewed by editorial team
Ethereum
Ethereum Faces Mixed Signals: BlackRock Buys, Founder Sells, Price Watch

Photo: Pexels / Bastian Riccardi

Ethereum is experiencing a period of fluctuating signals as of March 9, 2026. BlackRock continues to demonstrate strong institutional interest, depositing $4.84 million worth of ETH alongside $149.13 million in Bitcoin to Coinbase, and leading inflows into Ethereum ETFs with $133.2 million. This activity suggests potential portfolio rebalancing and continued confidence in ETH. However, Ethereum co-founder Jeffrey Wilcke’s transfer of $157 million worth of ETH to Kraken has introduced potential selling pressure, coinciding with short positions being opened by trader Rune. Despite this, BitMine, backed by Tom DeMark’s analysis, predicts an ETH price bottom between March 8-14, having recently purchased 60,976 ETH. KAST secured $80 million in Series A funding to expand its stablecoin payment infrastructure, supporting USDC and USDT transactions. ClearToken launched FCA-approved institutional DAPs built on Canton Network, furthering the tokenization of assets. Bitcoin’s dominance is decreasing, potentially signaling a capital rotation towards Ethereum.

Source Articles

This article is based on analysis of 6 source articles from our news database.

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    AMBCrypto··ambcrypto.com·
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    Benzinga··benzinga.com·
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    Cryptopolitan··cryptopolitan.com·
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    CryptoNews··cryptonews.com·