2 companies now hold more $ETH than the Ethereum Foundation 👀

▸ Bitmine & SharpLink: Over $1B each

▸ PulseChain: $599M

▸ U.S. Gov: 60,000 ETH stash

▸ Gnosis & Lido? Barely top 10

Institutions, protocols, even governments — all quietly stacking Ethereum.

This ain’t the last bull run.

The players have changed.

The game has leveled up.

What’s different this time? 👇