BREAKING
177d 5h ago

Ethereum Reserve Holdings Exceed 8.4% of Total Supply: Insights from Strategic ETH Reserve Data

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

The latest insights from COINOTAG, dated August 17th, reveal that the **Ethereum Reserve Company** along with a range of **ETH spot ETFs** currently controls an impressive total of **10.26 million ETH**. This figure represents a significant **3.06%** of the overall supply attributable to the Ethereum Reserve Company, while the ETFs contribute a notable **5.42%**. Collectively, this accumulation exceeds **8.4%** of Ethereum’s total supply, underscoring the growing influence of institutional investors in the crypto space. Such holdings reflect a strengthened interest in **Ethereum** as a robust digital asset, highlighting its increasing adoption and utilization in diversified investment strategies. The data underscores a crucial shift in market dynamics, suggesting that stakeholders should closely monitor these trends as they could have profound implications on future **market liquidity** and **price stability** within the Ethereum ecosystem.

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