Standard Chartered Bank has projected that corporate treasury companies could eventually own up to 10% of the total Ethereum (ETH) supply. Currently, these treasury firms have acquired approximately 1% of all ETH within just two months, with expectations of a tenfold increase in holdings. Notable treasury companies leading this accumulation include BitMine with over 566,000 ETH, SharpLink Gaming with more than 438,000 ETH, and Coinbase holding around 137,000 ETH. SharpLink Gaming, a public company, has recently added 15,822 ETH valued at $54 million to its treasury and has purchased approximately $100 million worth of ETH in the last two days. Since April, the Ethereum strategic reserve held by these entities has surged from $200 million to $10 billion, marking a 50-fold increase in four months. SharpLink Gaming's total ETH purchases since early June have reached about 480,000 ETH at an average price of approximately $3,530 per ETH. Additionally, a dormant wallet holding 56 ETH, worth about $192,000, was reactivated after 10 years. Standard Chartered's forecast suggests that this growing institutional interest could push Ethereum prices beyond $4,000.
WHALE WATCH: A DORMANT WALLET HOLDING 56 ETH ($191,718) JUST WOKE UP AFTER 10 YEARS! Source: @whale_alert https://t.co/XmJA0dHvU2 https://t.co/YHLrBJGTpq
. @SharpLinkGaming 在 5 小时前再从 Galaxy Digital 收到 15,822 枚 ETH (5556 万)。 也就是说他们在昨天凌晨转给 Galaxy Digital 的 1.08 亿 USDC,已经全部买回成 30,755 枚 ETH,均价约 $3,530。 SharpLink Gaming 从 6 月初开始以微策略的运作模式储备 ETH 以来到今天,已经累计购进了 48 万枚 https://t.co/JkEBQQvLXI https://t.co/8JmGDMz4pl
JUST IN: 🇺SHARPLINK GAMING, A PUBLIC COMPANY, ADDS 15,822.21 $ETH WORTH $54M TO ITS TREASURY. Source: @WhaleInsider https://t.co/1KYaFOFTjy https://t.co/mJW1s8OGYj