Ethereum Barometer: Who is Quietly Accumulating?
In the past 30 days, a significant reallocation regarding Ethereum has been quietly taking place. Several institutions' actions are particularly noteworthy.
First up is Bitmine Immersion Tech (BMNR), which currently holds 300,700 ETH, valued at approximately $1.1 billion, with an astonishing increase of 84.29% in just one month. Both the size of the funds and the scale of the action are hard to ignore.
Following closely is SharpLink Gaming (SBET), ranked second with 280,600 ETH, a total value of about $1.03 billion, with a holding increase of nearly 60%.
In contrast, the Ethereum Foundation chose to adjust its holdings lightly during this period, currently holding 238,500 ETH, a reduction of about 8%.
Meanwhile, Bit Digital (BTBT) and BTCS Inc (BTCS) are the most aggressive players in this round of accumulation—significantly increasing their holdings to 120,300 and 55,800 ETH, with growth rates of 335.53% and 282.11%, respectively.
The signals released from this reallocation may be worth our repeated contemplation amid the next round of market sentiment fluctuations.
Friendly reminder: This content is for the purpose of communication and sharing only and does not constitute any investment advice. Please maintain independent judgment and view market changes rationally.