Recent data shows that nearly 70 organizations hold over 4.1 million ETH, amounting to approximately $17.6 billion.
Largest ETH Holders
According to StrategicETHReserve, BitMine Immersion Technologies is the largest corporate holder of ETH, controlling around 1.5 million ETH worth $6.6 billion. SharpLink Gaming follows in second place with 740,800 ETH valued at $3.2 billion. Other significant holders include The Ether Machine with 345,400 ETH and the Ethereum Foundation managing 231,600 ETH.
Role of Digital Assets in Corporate Treasuries
Digital assets have become a key trend, with many companies incorporating cryptocurrency into their balance sheets. According to The Block, public company treasury holdings have reached 2.6 million ETH, equating to $10.9 billion.
Impact on Ethereum Liquidity
The combination of new corporate treasuries and Ethereum ETFs has significantly reduced market liquidity, potentially leading to more pronounced price movements in future market cycles.
Unfortunately, the information provided in this article is for informational purposes only and does not constitute financial advice.