As of Thursday, the value of ETH reserves was $10.58 billion, with 64 entities holding more than 100 ETH. That represents 2.26 percent of the total ETH supply, according to the data. The total $10 billion of funds includes bonds from public companies, cryptocurrency exchanges, DeFi protocols, nonprofits, and the federal government.
Currently, the largest holder of ETH is Bitmine Immersion Tech, which switched its main business from bitcoin mining to ETH accumulation. The company holds 625,000 ETH (worth $2.42 billion), and its chairperson Tom Lee has previously said that it aims to acquire and hold 5% of the Ethereum token supply. Following Bitmine is Joseph Lubin's SharpLink Gaming, which holds 438,200 ETH. Ether Machine announced on Wednesday that it holds 15,000 ETH, ranking third with 334,800 ETH.
64 Entities Have Total ETH Treasury Reserves Over $10 billion
2025-07-31 09:26:40
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