The Ether Machine’s ETH Holdings May Surpass Ethereum Foundation Amid Continued Corporate Accumulation
Main Idea
The Ether Machine has become the third-largest corporate holder of Ethereum (ETH) with 334,757 ETH, surpassing the Ethereum Foundation's holdings, highlighting a trend of increasing corporate ETH accumulation.
Key Points
1. The Ether Machine acquired 15,000 ETH, bringing its total holdings to 334,757 ETH, surpassing the Ethereum Foundation's 234,000 ETH.
2. Corporate ETH accumulation is growing, with firms acquiring ETH at twice the pace of Bitcoin, driven by Ethereum's capabilities in tokenized assets and DeFi.
3. Standard Chartered projects that corporate treasury firms could control up to 10% of the total ETH supply, potentially pushing ETH's price above $4,000 by year-end.
4. The Ether Machine's $407 million reserve for future purchases reflects institutional confidence in ETH's long-term value.
5. Corporate ETH holdings are increasing liquidity and market momentum for Ethereum, supporting its ecosystem growth.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The Ether Machine
Latest News
- Corporate Crypto Treasury Firms Consider Over $7.8 Billion in Ether Purchases Amid Rising Interest2025-08-01 05:01:40
- Tyler Winklevoss Voices Strong Concerns Over Brian Quintenz’s CFTC Chair Nomination2025-08-01 05:00:53
- Chainlink Retests $20 Support Amid Whale Accumulation, Suggesting Possible Move Toward $22 and $282025-08-01 05:00:26
- SharpLink Gaming Boosts Ethereum Holdings by 70%, Enhancing ETH Concentration per 1,000 SBET Shares2025-08-01 04:48:00
- Ethereum Spot ETF Hits Record $5.43 Billion Inflow in July Amid 48.8% Monthly Price Surge2025-08-01 04:34:24