{"id":26322,"date":"2025-08-21T11:10:59","date_gmt":"2025-08-21T08:10:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26322"},"modified":"2025-08-22T17:51:38","modified_gmt":"2025-08-22T14:51:38","slug":"corporations-amass-over-4-million-eth-worth-17-6-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/corporations-amass-over-4-million-eth-worth-17-6-billion\/","title":{"rendered":"Corporations Amass Over 4 Million ETH Worth $17.6 Billion"},"content":{"rendered":"<p>Sixty-nine companies have added more than 4.1 million ETH to their reserves, accounting for 3.39% of the total Ethereum supply. The value of these assets has surpassed $17.6 billion, according to Strategic ETH Reserve.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/AD_4nXeKpw0DaCx0eaPjWcd9JOOaOrMDapgF3tcrbdLLdHfKbHLe7CWEsoIuSnbZiO_vpdn5kZtAKq7Xe5l6pnFI_d7hz4er32lW5_2JHl_ojQ5ww5q4MQOp0jc8bSwqkmlQHUQAssH6qw.webp\" alt=\"Corporations amass over 4 million ETH worth $17.6 billion\" class=\"wp-image-264297\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.strategicethreserve.xyz\/\">Strategic ETH Reserve<\/a>.\u00a0<\/figcaption><\/figure>\n<p>The largest corporate holder of ether is BitMine Immersion Technologies, which has shifted its focus from Bitcoin mining to accumulating the second-largest cryptocurrency by market capitalization. It manages 1.5 million ETH worth $6.5 billion.\u00a0<\/p>\n<p>SharpLink Gaming ranks second with 740,800 ETH ($3.2 billion). They are followed by The Ether Machine and the Ethereum Foundation, which have acquired 345,400 ETH ($1.4 billion) and 231,600 ETH ($993 million) respectively.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/AD_4nXdgVmaGEHSuSIsf855AOgn2spu79gv-ABPdSZ5R-gQDwrrWOUWeYlVWbot4d5SNP2pnEP6dPpsArGNfK-qDxu8b_pZW03-Umhi9Y3VMiFWtt0OkKGMWeHO2UEfXwlu7Dd5QdoKOxQ.webp\" alt=\"Corporations amass over 4 million ETH worth $17.6 billion\" class=\"wp-image-264298\"\/><figcaption class=\"wp-element-caption\">Top 10 Ethereum holders among public companies. Source: Strategic ETH Reserve.<\/figcaption><\/figure>\n<p>The trend of corporate crypto reserves is one of the drivers of Ethereum&#8217;s recent rally. On August 13, its price <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-nears-its-all-time-high-after-testing-4700\">tested<\/a> $4700. Standard Chartered <a href=\"https:\/\/forklog.com\/en\/news\/standard-chartered-raises-ethereum-forecast-to-7500\">forecasted<\/a> that due to demand from public companies, the cryptocurrency&#8217;s price could reach $7500 by the end of 2025.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin Whale Bets on Ethereum\u00a0<\/h2>\n<p>A major Bitcoin holder has liquidated part of their assets to open a long position on ether. According to Lookonchain, the anonymous investor sold 670 BTC for $76 million and acquired 68,130 ETH.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A Bitcoin OG holding 14,837 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($1.69B) sold 670.1 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($76M) today and opened massive longs of 68,130 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($295M).<\/p>\n<p>A whale deposited 670.1 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($76M) to Hyperliquid in the past 20 hours and sold it, then went long on <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> across 4 wallets with positions totaling 68,130\u2026 <a href=\"https:\/\/t.co\/2xdG2LjgYl\">pic.twitter.com\/2xdG2LjgYl<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1958332765654618423?ref_src=twsrc%5Etfw\">August 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Before the transaction, the whale held 14,837 BTC valued at over $1.6 billion, purchased through Binance and HTX in 2018.\u00a0<\/p>\n<p>They opened several long positions at $4300 with 10x leverage, but after the transaction, the cryptocurrency&#8217;s price fell to $4080, bringing the investor closer to the liquidation zone ($3699-3732).\u00a0<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">August 21, 2025 | 14:28<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>A crypto analyst under the pseudonym MLM noted that a few hours after the initial transactions, the investor deposited another 1000 BTC (~$113 million) to the decentralized exchange Hyperliquid. However, instead of opening another long position through futures, they bought Ethereum on the spot market. <\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Update on this guy: things have gotten even crazier, and he\u2019s still going. <\/p>\n<p>Over the past 5 hours since the last post in this thread, he deposited another 1,000 BTC ($113M) to Hyperliquid. This time, however, he chose to buy ETH spot instead of longing perps. <\/p>\n<p>So far, he has\u2026<\/p>\n<p>\u2014 MLM (@mlmabc) <a href=\"https:\/\/twitter.com\/mlmabc\/status\/1958459028884901949?ref_src=twsrc%5Etfw\">August 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;In total, he sent 1670 BTC (~$189 million) to Hyperliquid from two addresses, of which 300 BTC (~$34 million) remain unsold,&#8221; the expert wrote. <\/p>\n<\/blockquote>\n<p>Currently, the whale holds 55,000 ETH (~$240 million) and 1472 BTC (~$167 million) across four wallets. MLM suggested that the anonymous investor might transfer all remaining coins to Hyperliquid. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;For the first time, due to this whale&#8217;s actions, the spot trading volume for ETH and BTC exceeded HYPE volumes,&#8221; he added. <\/p>\n<\/blockquote>\n<\/div>\n<p>At the time of writing, Ethereum is trading at $4305. Over the past 24 hours, the asset&#8217;s price has risen by 2.6%, according to <a href=\"https:\/\/www.coingecko.com\/ru\/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B\/%D1%8D%D1%84%D0%B8%D1%80%D0%B8%D1%83%D0%BC\">CoinGecko<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/AD_4nXdQm04vTv_sSwlQ1PJH2B_SDDIm-scsc-S3qx8z8turuAl6tvKKC_r5hx_rvdpbREDIx-TN9wusMabU4wbcidoHAdQ_4r87xvK92ftj-Ez4HQSL-y4VW9JyL4QbOxSG_AzDvFiQQQ.webp\" alt=\"Corporations amass over 4 million ETH worth $17.6 billion\" class=\"wp-image-264296\"\/><figcaption class=\"wp-element-caption\">Hourly ETH\/USD chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3AETHUSD\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Analysts at Lookonchain also noted two wallets linked to institutional players. On August 19, they acquired 9044 ETH for $38 million.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Despite the market downturn, institutions keep buying <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>.<\/p>\n<p>Two institution-linked wallets, 0x50A5 and 0x9bdB, received another 9,044 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($38M) from <a href=\"https:\/\/twitter.com\/hashtag\/FalconX?src=hash&#038;ref_src=twsrc%5Etfw\">#FalconX<\/a> ~25 minutes ago.<a href=\"https:\/\/t.co\/Th1ZDigVk2\">https:\/\/t.co\/Th1ZDigVk2<\/a><a href=\"https:\/\/t.co\/fQneKzik7t\">https:\/\/t.co\/fQneKzik7t<\/a> <a href=\"https:\/\/t.co\/Bbut9xALd8\">pic.twitter.com\/Bbut9xALd8<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1957820928391278855?ref_src=twsrc%5Etfw\">August 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On August 20, as Ethereum fell to around $4000, &#8220;longs&#8221; <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-traders-face-losses-as-james-wynn-cuts-expenses\">suffered<\/a> losses.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sixty-nine companies have added more than 4.1 million ETH to their reserves, accounting for 3.39% of the total Ethereum supply. The value of these assets has surpassed $17.6 billion.<\/p>\n","protected":false},"author":1,"featured_media":26323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Sixty-nine companies now control 3.4% of Ethereum's supply.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,46,1156],"class_list":["post-26322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ethereum","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"195","promo_type":"1","layout_type":"1","short_excerpt":"Sixty-nine companies now control 3.4% of Ethereum's supply.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26322"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26322\/revisions"}],"predecessor-version":[{"id":26324,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26322\/revisions\/26324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26323"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}