Ethereum Treasury Wey De 70 Entities Hold 3.06% of ETH
Data from Strategic ETH Reserve show say 70 company dey hold 3.7 million ETH (about $16.38 billion), wey represent 3.06% of di circulating supply. Dis increase for Ethereum treasury holdings show say institutions dey adopt am more. If market liquidity reduce because of big treasury allocations, e fit cause price yawa. Traders suppose dey watch Ethereum treasury inflows as signs of how institutions dey feel and possible trade signals.
Bullish
Ethereum treasury holdings wey 70 entities get, wey total reach 3.06% of circulating ETH, show say institutional trust and demand dey strong. Historical precedence like how MicroStrategy dey accumulate corporate Bitcoin treasury don relate to price rallies. When supply wey dey available for trading reduce, e fit cause upward pressure wey show bullish signals. Short term, concentrated holdings fit increase volatility, but steady institutional inflows go support medium to long-term upward momentum.