Abraxas Capital bought another 46,295 ETH worth $115.3Million – Since May 7 they bought 350,703 ETH worth $837Million

Abraxas Capital, a $3 billion investment management firm, has allocated $837 million toward Ethereum (ETH), boosting its total portfolio value to over $950 million. This bold move reflects growing institutional confidence in ETH and has sparked speculation among analysts about the potential onset of an altcoin season.