💰 Strategic reserves of $ETH have reached 1% of the total supply volume

Ethereum's strategic reserves are dominated by large institutional investors. Ethereum Foundation holds a leading position among them. In recent months, corporate strategic reserves in $BTC have become a major trend. However, $ETH is gradually catching up with them.

On June 19, the strategic reserves of institutional investors rose to 1,190,000 ETH. Reserves worth nearly $3bn account for more than 1% of the total ETH supply. The five largest organizations control more than 70% of all institutional ETH reserves. The largest holder is the Ethereum Foundation, which holds 269,431 ETH. Next is SharpLink, a gaming company listed on the Nasdaq. On June 13, it acquired 176,271 ETH and placed 95% of them in staking

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