Ether Machine don reach 345K ETH Treasury through active staking
The Ether Machine don grow dia Ethereum treasury to 345,362 ETH (about $1.2B) after dem make two big buys dis week, include $40M buy of 10,605 ETH at $3,781 each and 15,000 ETH buy for Ethereum ten years anniversary. Dem no dey do passive hold again, dem dey actively use dia Ethereum treasury through staking, restaking plus DeFi protocols. Chairman Andrew Keys talk say on-chain participation na key to grow capital and make network secure pass. Now, The Ether Machine dey hold third corporate Ethereum reserve after BitMine (833,137 ETH) and SharpLink (480,031 ETH). Dem dey plan Q4 SPAC merger to raise $1.6B for buy more ETH and to give traditional investors crypto staking exposure. The rise for institutional demand plus less circulating supply fit pressurize price short-term, but active staking strategies dey support long-term yield and network stability. Traders suppose monitor corporate ETH buys, staking yields and SPAC-driven inflows for market signals.
Bullish
Big big institution dem wey dey buy ETH dey show say demand dey grow and e reduce the amount wey dey circulate, dis one dey push price up short term. Di move go active staking and restaking dey boost security for di network plus di chance for better yield, e dey make long term ppl dey optimistic. Plus, di planned $1.6 billion SPAC merger fit put new money enter market, e go still support demand for ETH and market confidence.