Recent Analysis of Institutional Ethereum Holdings
Recent analysis by Strategic Ether Reserve reveals noteworthy shifts in major institutional Ethereum holdings over the last month. Leading the pack, Bitmine Immersion Tech (BMNR) has made significant strides, now commanding a staggering 1.87 million ETH—valued at nearly $8 billion. This marks an impressive increase of 124.1% compared to their holdings a month ago.
Following closely is SharpLink Gaming (SBET), which has amassed 837,000 ETH, translating to around $3.59 billion, reflecting a 60.4% growth in the same period.
Other Notable Holdings
In third place, The Ether Machine (ETHM) now holds 495,000 ETH, worth about $2.12 billion, with a rise of 43.4%. The Ethereum Foundation, while still holding a substantial 229,600 ETH valued at approximately $984 million, saw a slight decline of 1.3% over the past month.
In a striking performance, ETHZilla (ETHZ) has increased its holdings to 102,200 ETH, equating to around $438 million, which is a 24.4% rise. Notably, FG Nexus (FGNX) has achieved a dramatic surge, claiming 48,400 ETH valued at roughly $207 million, showing an astonishing increase of 656.9% in just 30 days.
These fluctuations paint an intriguing picture of the shifting landscape of Ethereum investments among significant players in the space.
