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🚀 Corporates loading ETH: $4,000 on the way ?
Since June, corporations like BitMine Immersion and SharpLink Gaming have acquired millions of $ETH for their treasuries: BitMine accumulates over 625,000 ETH, SharpLink rises to 438,000 ETH.
The institutional total has grown to 2.33 m ETH (~1% of the total supply), and Standard Chartered projects that it could scale up to 10% in the coming months.
This institutional flow reduces the available supply and acts as a price catalyst.
If ETH maintains its support above $3,800, we are likely to see a push towards $4,000 or more.
An ideal opportunity for traders attentive to ETH and its trends.
Are you joining the movement ?
#ETHCorporateReserves
Since June, corporations like BitMine Immersion and SharpLink Gaming have acquired millions of $ETH for their treasuries: BitMine accumulates over 625,000 ETH, SharpLink rises to 438,000 ETH.
The institutional total has grown to 2.33 m ETH (~1% of the total supply), and Standard Chartered projects that it could scale up to 10% in the coming months.
This institutional flow reduces the available supply and acts as a price catalyst.
If ETH maintains its support above $3,800, we are likely to see a push towards $4,000 or more.
An ideal opportunity for traders attentive to ETH and its trends.
Are you joining the movement ?
#ETHCorporateReserves
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.