Recent data shows a significant increase in total Ethereum holdings, reaching over 4.1 million ETH. This event indicates a rise in institutional interest in this digital asset.
General Data on ETH Holdings
According to data from StrategicETHReserve, more than 69 entities hold over 100 ETH. In total, 4.1 million ETH represent approximately 3.39% of the total Ethereum supply. At current prices, that's roughly $17.5 billion.
Largest Ethereum Holders
The largest holder is BitMine Immersion Technologies, which holds 1.5 million ETH (valued at about $6.6 billion). The second position is held by SharpLink Gaming with 740,800 ETH worth $3.1 billion. The top five holders also include The Ether Machine, PulseChain Sac, and Coinbase, holding 345,400 ETH, 166,300 ETH, and 136,800 ETH respectively.
Trends and Conclusions
Public companies hold approximately 2.6 million ETH, which equals about $10.9 billion. Additionally, U.S. spot Ethereum ETFs own around 6.7 million ETH, equivalent to 5.5% of all ETH supply. This trend indicates a growing institutional acceptance of Ethereum as a significant digital asset.
The increase in total Ethereum holdings demonstrates substantial growing interest from institutional investors, which may signify a shift in perception of ETH as a major asset in the market.