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Institutions bought $4.7 billion in ETH in a week, stablecoin market capitalization surged by $6.7 billion.
[Chain News] On August 18, it was reported that in the past week, institutional capital surged in, purchasing Ethereum (ETH) worth $4.7 billion. The market capitalization of stablecoins increased by $6.72 billion, with USDT and USDC on Ethereum rising by $4.46 billion.