Ethereum’s treasury holdings have reached unprecedented heights, now valued at $11.8 billion – equivalent to 2.5% of the cryptocurrency’s total supply. This substantial accumulation demonstrates significant institutional confidence in the ETH ecosystem and represents one of the largest crypto-treasury portfolios.
Vitalik Buterin acknowledged the treasury’s potential to provide investment stability through consistent demand mechanisms that reduce price volatility. However, Ethereum’s co-founder simultaneously cautioned about destabilizing risks from excessive leverage in cryptocurrency markets, urging investors to avoid unsustainable positions that could threaten ETH’s broader stability.
Notably, BitMine Immersion Technologies (BMNR) emerged as a major holder with 833,100 ETH valued at $3.26 billion. This institutional position reinforces Ethereum’s growing adoption beyond retail investors.
Market activity shows shifting investor behavior as ETH approaches the $4,000 threshold. Recent data reveals intensified selling pressure via exchange inflows, contrasting sharply with muted activity observed earlier in the trading cycle.