【Coinbase Institutional Research Director: The demand for ETH has not ended, major Ethereum treasury entities have purchased 795,000 ETH this month】According to Golden Finance, Coinbase Institutional Research Director David Duong disclosed that since the beginning of August, major Ethereum treasury entities have accumulated over 795,000 ETH, worth approximately 3.6 billion dollars. These institutions currently control over 2% of the total supply of ETH. Specific purchase details show: 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 financing round of 20 billion dollars has increased its total purchasing power for ETH to 24.5 billion dollars.

#ETH