According to TechFlow news on August 18, David Duong, head of institutional research at Coinbase, disclosed that since the beginning of August, major Ethereum treasury entities have accumulated over 795,000 ETH, worth approximately $3.6 billion. These institutions currently control over 2% of the total ETH supply.
Detailed purchase information shows:
On August 10, BMNR purchased 317,100 ETH;
On August 11, ETHZilla purchased 82,200 ETH;
On August 14, SBET purchased 206,500 ETH.
BMNR's new round of financing of $20 billion has increased its total capacity to purchase ETH to $24.5 billion.
