Bitmine Immersion, identified as the largest institutional holder of Ethereum, is currently navigating a significant unrealized loss on its substantial Ether holdings. Data confirms the institution holds 625,000 ETH, a position recorded as the largest among institutional investors. The holdings… Read More »Bitmine Immersion’s Large Ethereum Holdings Face $19.875 Million Floating Loss
XRP has delivered extraordinary performance over the past year, surging 552% and adding 49% year-to-date. This significantly outshines Ethereum’s 6.34% annual gain, spotlighting diverging market catalysts behind the two major cryptocurrencies. Robust whale accumulation is driving XRP’s momentum, with 2,743… Read More »XRP Outpaces Ethereum with 552% Annual Rally Amid Whale Activity, ETH Institutional Holdings Signal Long-Term Value
Publicly traded U.S. company SharpLink Gaming has become the largest institutional holder of Ethereum (ETH) with holdings totaling 270,000 ETH. This positions the firm above the Ethereum Foundation, which currently holds 242,500 ETH. The significant accumulation of Ethereum underscores increasing… Read More »SharpLink Gaming Emerges as Largest Institutional Holder of Ethereum
SharpLink Gaming has acquired 176,000 Ethereum tokens at an average price of $2,600 per coin, totaling $462 million. This positions the company as the largest public holder of Ethereum globally. The acquisition triggered significant market volatility when a subsequent SEC… Read More »SharpLink Gaming Becomes Largest Public Ethereum Holder After $462M Acquisition