[DECRYPT] The Ether Machine Becomes Third Largest Ethereum Holder With $56.9M ETH Buy $ETH
🐋WHALE ALERT: $150M ETH PURCHASE A whale just received $153M in $ETH to a fresh wallet — bought via Galaxy Digital OTC. Institutions aren’t slowing down… they’re doubling down.🔥 https://t.co/Ti8tzIaOn2
The Ether Machine Becomes Third Largest Ethereum Holder With $56.9M ETH Buy ► https://t.co/fPrxKATa5f https://t.co/fPrxKATa5f
Ether (ETH) treasuries have surpassed $10 billion across 64 entities, according to recent data. Among notable acquisitions, The Ether Machine, backed by Pantera, purchased 15,000 ETH for approximately $56.9 million, increasing its total holdings to 334,757 ETH and surpassing the Ethereum Foundation's holdings. Additionally, a whale investor acquired $153 million worth of ETH through an over-the-counter transaction facilitated by Galaxy Digital, signaling continued strong institutional interest in Ethereum. The Ether Machine reportedly still holds $407 million available for further ETH purchases.