SharpLink May Surpass Ethereum Foundation in Corporate ETH Holdings as Top Firms Control $5 Billion in Ethereum
2025-07-17 18:44:06
Main Idea
SharpLink Gaming has surpassed the Ethereum Foundation as the top corporate holder of Ethereum, with the top 10 firms now controlling $5 billion in ETH, reflecting growing institutional interest in Ethereum.
Key Points
1. SharpLink Gaming holds 280,600 ETH ($885.9M), surpassing the Ethereum Foundation's 241,500 ETH ($762.4M).
2. Top 10 corporate Ethereum holders collectively control 1.6 million ETH ($5B), highlighting institutional growth.
3. SharpLink increased its ETH holdings by 59.19% in 30 days, while the Ethereum Foundation's holdings declined by 6.91%.
4. Bit Digital and BTCS Inc. showed significant ETH holding growth (264.20% and 135.95% respectively), while Ethereum Name Service (ENS) reduced its holdings by 17.79%.
5. Corporate ETH holdings signal Ethereum's expanding utility beyond cryptocurrency, including DeFi and on-chain governance.
Description
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