Ethereum whales are BUYING! š³
According to Arkham, this unknown address has acquired over $111M of ETH just in the last 3 days š
The account is already over $10M in profit!
Ethereum reserves are taking off.
The Strategic ETH Reserve has accumulated 1,341,961 ETH - thatās about 1.1% of the total Ethereum supply, worth over $4 billion.
The reserve now includes 50 organizations, among them:
āŖļøEthereum Foundation (244,481 ETH)
āŖļøCoinbase (137,334 ETH)
āŖļøSharpLink Gaming (205,634 ETH)
Just for comparison, a month ago, the reserve held only 1.17 million ETH with 37 participants. Thatās a massive increase.
Whatās the purpose of this reserve?
Itās not just passive holding - itās a strategic move to create scarcity. These organizations treat ETH like a kind of ātreasury reserve asset,ā staking it to earn yield and help secure the network.
This is driving institutional demand, which could significantly impact price action.
Institutional investors are increasingly adding ETH to their reserves, and thatās shaping a new market trend.