Mirana Ventures Seizes Opportunity: $50 Million Invested in ETH Amid Market Dip
The post Mirana Ventures Seizes Opportunity: $50 Million Invested in ETH Amid Market Dip appeared on BitcoinEthereumNews.com.
On February 28, COINOTAG News reported that Mirana Ventures appears to be strategically buying the dip in Ethereum (ETH). Recent monitoring data indicates that the investment firm has deposited $50 million into FalconX, a notable cryptocurrency trading platform. Subsequently, it withdrew a substantial amount of 21,667 ETH, equivalent to approximately $46.25 million, which was transacted at an average price of $2,134 per ETH. This substantial move by Mirana Ventures suggests a strong belief in Ethereum’s potential recovery and long-term value. As the cryptocurrency market experiences fluctuations, institutional investors like Mirana are increasingly engaging in tactical allocations to maximize their positions in volatile assets. Insights from such transactions may provide critical signals for traders and investors looking to navigate the ever-evolving digital currency landscape. Source: https://en.coinotag.com/breakingnews/mirana-ventures-seizes-opportunity-50-million-invested-in-eth-amid-market-dip/
Filed under: News - @ February 28, 2025 9:28 am