📈 #ETHCorporateReserves – Institutions are buying ETH like crazy!
In the last 30 days, corporations have accumulated over 2.33 million ETH, or nearly 1.93% of the total supply!
💼 Ethereum is becoming the new standard in the treasury reserves of public companies and funds.
🔹 Biggest players:
• BitMine Immersion – 625,000 ETH 🏆
• SharpLink – 438,000 ETH
• Coinbase – 137,300 ETH
• Bit Digital – 120,306 ETH
🧠 Why ETH and not BTC?
• Profit from staking 📊
• Stable Web3 infrastructure 🔗
• Fundamentals of tokenization and stablecoins 💵
• Lower regulatory risk than BTC ⚖️
💥 Standard Chartered predicts that corporations may soon hold as much as 10% of the entire ETH supply!
➡️ Is this a new wave of institutional adoption?
➡️ How do you think this will affect the price of ETH?
#ETH10 #EthereumTurns10 #Web3 #ETHBullRun #CryptoAdoption