data<\/a> from StrategicETHReserve. This accounts for about 3.4% of the total ETH supply, spread among 69 entities.<\/p>\nThe largest position holder is BitMine Immersion, which has been aggressively accumulating since launching an ETH-focused treasury strategy in July. The Nevada-based company, which held only $500 million worth of ETH just over a month ago, has grown its stash to 1.52 million ETH, valued at $6.6 billion, as previously reported by crypto.news. <\/p>\n
BitMine has set a long-term target to eventually control 5% of the total ETH supply, driven by its belief in the asset\u2019s long-term potential.<\/p>\n
<\/p>\n
Coming in second, SharpLink Gaming holds approximately 741,000 ETH, valued at $3.2 billion at current prices. The Nasdaq-listed firm was among the first ETH treasury companies, beginning its purchases in June.\u00a0<\/p>\n
SharpLink Co-CEO Joseph Chalom told crypto.news in a recent interview that Ethereum is viewed as the \u201ctrustware of global finance,\u201d and SharpLink is positioning itself as a major corporate player. The company\u2019s CEO Joseph Lubin also emphasized that the firm is committed to becoming the largest public ETH holder, highlighting its long-term bet to outpace other corporate buyers.<\/p>\n
Other large holders include The Ether Machine, with roughly $1.49 billion in ETH, followed by the Ethereum Foundation with $996 million, while the remaining 65 entities hold more modest positions.<\/p>\n
Ethereum price to recover on treasury boost?\u00a0<\/h2>\n
Trading at slightly over $4,286 at the time of writing, ETH has been in a downtrend over the past week. Following its rally above $4,700 earlier in the month, the second-largest cryptocurrency has surrendered the majority of its gains, down roughly 10% on the week.<\/p>\n
Analysts have noted that ongoing accumulation by corporate buyers could act as a catalyst for the next price leg up, similar to how Bitcoin (BTC) benefited from growing institutional demand.\u00a0<\/p>\n
Meanwhile, alongside the treasuries, exchange-traded funds are showing a similar trend. Collectively, ETF holdings now account for roughly 5% of circulating supply, valued at over $25 billion. This highlights growing demand from the sector, supporting ETH\u2019s long-term outlook.<\/p>\n
Together, this wave of demand is expected to provide support and boost ETH\u2019s price. Standard Chartered forecasts ETH could reach $7,500 by year-end, $12,000 by late 2026, $18,000 in 2027, and $25,000 by 2028\u201329.<\/p>\n
With long-term accumulation targets from firms like BitMine and SharpLink, Ethereum appears well-positioned for a positive trajectory. However, for now, prices remain flat, and it remains to be seen how this influx of treasury and ETF funds will impact short-term price movement.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Institutional demand in Ethereum is heating up, and corporate investors are not slowing down on aggressive accumulation. Summary Ethereum treasury companies now hold over 4.1 million ETH, worth approximately $17.6…<\/p>\n","protected":false},"author":1,"featured_media":8150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8444"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8444\/revisions"}],"predecessor-version":[{"id":8445,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8444\/revisions\/8445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8150"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}