Ethereum’s $13B Power Move: Strategic Reserves Surge Past 3M ETH

Ethereum's institutional backers just flexed their diamond hands—locking up a staggering 3 million ETH while Wall Street still debates 'blockchain potential.'

Bullish or reckless? The smart money's betting on the former.

From Public to Private to DAOs 

The reserve includes a diverse array of participants, ranging from public companies like Bit Digital and BTCS Inc. to DAOs such as Gnosis and Lido. Notably, the U.S. Government and the Royal Government of Bhutan are also listed, holding 59,965 ETH and 495 ETH, respectively. 

This broad participation reflects Ethereum’s growing recognition as a yield-bearing, internet-native asset with long-term value potential.

ETH Price Gains Momentum

The price of Ethereum (ETH) has seen an increase of over 17% in the past seven days, currently trading at approximately $4,175—as per CoinMarketCap data. This latest price surge aligns with the anticipation around the upcoming Fusaka upgrade. Moreover, the SER’s accumulation strategy is also seen as a catalyst for reducing available ETH supply, potentially driving further price appreciation.

Also Read: Capital B Acquires 126 BTC, Boosting Treasury to 2,201