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Top 10 Companies Hold 1.6M ETH Worth Over $5 Billion

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by Giorgi Kostiuk

12 hours ago

The crypto market is witnessing a surge of institutional confidence in Ethereum, reflected in the substantial ETH reserves of major companies.

ETH Reserves of Major Companies

The top ten companies now collectively hold 1.6 million ETH, valued at approximately $5 billion. This marks a significant shift in the perception of Ethereum among corporate entities.

SharpLink’s Position Compared to Ethereum Foundation

SharpLink holds 280,600 ETH, making it the largest holder among corporate entities. This surpasses even the Ethereum Foundation’s reserves, indicating strong corporate confidence in Ethereum’s future.

Institutional Trends in Ethereum

Ethereum continues to attract attention for its roles in DeFi, NFTs, and Web3 infrastructure. Increasing ETH reserves among institutional investors may alter market dynamics and lead to reduced supply and increased demand.

The growing ETH reserves among major companies signal increasing confidence in Ethereum and its role as a financial and technological asset.

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