🔥The strategic reserves and ETF funds of Ethereum are having a significant impact on the market. According to data from Strategicethreserve xyz, 2.96 million ETH worth approximately $10.8 billion are being locked up by 63 entities, accounting for nearly 2.45% of the total Ethereum supply.

The leading public company in terms of holdings is BitmineImmersion Tech with 833,100 ETH ($3.04 billion), followed by Sharplink Gaming (438,200 ETH $1.6 billion), The Ether Machine (345,400 ETH $1.26 billion), Bit Digital ($439.2 million), and BTCS Inc. ($255.7 million). Other names such as Gamesquare Holdings, ETH Strategy, and Intchains Group maintain reserves in the tens of millions.

In a smaller group, BTC Digital Ltd. holds 2,100 ETH, and Centaurus Energy Inc. only holds 137 ETH, equivalent to half a million dollars. The top 10 reflects the diversity of technology, gaming, and native blockchain organizations.

Excluding public companies, the remaining top 25 are large scale: the Ethereum Foundation leads with 233,600 ETH ($852.8 million), followed by Pulsechain Sac (166,300 ETH $607.2 million) and Coinbase (136,800 ETH $499.4 million). Organizations like Mantle, Golem Foundation, and Gnosis DAO each hold over 66,000 ETH. The U.S. government is also present with 60,000 ETH ($218.9 million).

Large DAOs such as Lido, Arbitrum, Optimism, along with infrastructures like Ethereum Name Service (ENS), Status, and Frax Finance hold tens of thousands of ETH each. The list concludes with Request Network, Aave DAO, Onchain Foundation, and several other private blockchain organizations holding between 7,000 to 36,000 ETH, showing the widespread presence of Ethereum in both the decentralized ecosystem and entities outside the public sector.