【4E: 64 treasury companies collectively hold over 3 million ETH, ETH trading activity approaches historical highs】On August 7, according to 4E observations and StrategicETHReserve data, as of August 6, 64 institutions holding more than 100 ETH each collectively hold approximately 3.04 million ETH, accounting for 2.52% of the total supply, with a total value of about 10.87 billion USD. Bitmine (831,000 ETH), SharpLink Gaming (521,900 ETH), and The Ether Machine (345,400 ETH) rank in the top three. The on-chain activity of Ethereum continues to rise. Etherscan shows that yesterday's daily trading volume of ETH surged to 1.87 million transactions, nearing historical highs. Nansen indicates that active trading of USDC, Tether, and Uniswap are the main reasons. DappRadar analysis claims that the (GENIUS Act) provides regulatory clarity, enhancing confidence in stablecoin liquidity. The US SEC has also approved exemptions from securities regulation for liquidity staking protocols like Lido and Jito, laying a compliance foundation for DeFi staking services. On the macro front, Federal Reserve officials hinted at a potential interest rate cut in September, leading to a weaker dollar. Standard Chartered Bank states that ETH asset management companies perform better than spot ETFs, while Bitwise CIO pointed out that institutions and governments have begun discussing incorporating BTC into reserve systems. 4E advises investors: Current policies and market dynamics are driving forces, suggesting attention to on-chain data and policy changes, aiming for progress while maintaining stability and managing risks.
