After Bitmine increased its holdings, the proportion of ETH held by Ethereum treasury entities has exceeded 4% of the total circulating supply.
According to Jinse Finance, data from the strategicethreserve website shows that Ethereum treasury entities currently hold approximately 4.99 million ETH, accounting for 4.13% of the total circulating supply. Yesterday, it was reported that Ethereum's largest treasury entity, BitMine, announced a total increase of 82,233 ETH last week, bringing its total holdings to $10.77 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IBM to acquire Confluent for $9.3 billion to expand AI services
US stock HYPE treasury company Hyperliquid Strategies approves $30 million stock buyback plan
Virtuals Protocol partners with OpenMind to promote the integration of robots and agents
Yearn Finance details the $9 million yETH exploit, confirms partial asset recovery and announces remediation plan
