BlockBeats news, on August 23, according to market data, US stock Ethereum reserve company ETHZilla (formerly 180 Life Sciences) fell over 31% during the session, with a market value dropping to $511 million.

BlockBeats previously reported that on August 15, ETHZilla's Ethereum holdings had increased to approximately 82,200 coins, surpassing BTCS to rank 10th among Ethereum treasury companies in terms of holdings.