BREAKING
ETHZilla to Deploy 10,600 ETH (~$47M) into Puffer to Boost Treasury Yield
ETH
ETH/USDT
$1,862.40
+1.02%
$1,862.40
+1.02%
(24s)24h Volume
$3,297,040,564.03
24h H/L
$1,867.58 / $1,837.58
Change: $30.00 (1.63%)
Long/Short
67.3%
Long: 67.3%Short: 32.8%
Funding Rate
+0.0051%
Longs pay
Data provided by COINOTAG DATALive data
COINOTAG News reported on September 25 that US-listed treasury manager ETHZilla plans to deploy approximately $47 million of Ether—roughly 10,600 ETH—to the Puffer protocol as part of a strategic effort to enhance returns on its crypto holdings.
The allocation signals a targeted approach to ETH treasury management, prioritizing yield generation while balancing liquidity and counterparty considerations; market observers should note this is a stated plan to boost treasury yield rather than a completed transaction, and ongoing disclosures will clarify execution and risk parameters.
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