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ETH Power Play: SharpLink & Bitmine Surpass Ethereum Foundation in Whale-Sized Holdings

ETH Power Play: SharpLink & Bitmine Surpass Ethereum Foundation in Whale-Sized Holdings

Published:
2025-07-20 06:00:19
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ETH Power Play: SharpLink and Bitmine Outpace Ethereum Foundation in Holdings

Move over, Ethereum Foundation—SharpLink and Bitmine just flipped the script. These crypto heavyweights now hold more ETH than the network's own founding org. Talk about a plot twist.

Who needs a foundation when you've got diamond hands?

Subheader: The New ETH Whales in Town

SharpLink's treasury and Bitmine's vaults are stacking ETH like it's going out of style—which, given crypto's volatility, might happen tomorrow. Meanwhile, the Ethereum Foundation's stash looks almost... modest. Almost.

Subheader: Institutional Accumulation vs. Idealism

While the Foundation funds devs and decentralization, these firms are playing financial chess. Their growing positions signal a bet on ETH as a hard asset—not just tech idealism. Cynical? Maybe. Profitable? Ask their shareholders.

Closing thought: In crypto, even the founders get outgunned by traders who treat ETH like a casino chip—albeit a $2,000+ one. The house always wins... until it doesn't.

|Square

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