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ETHZilla to Deploy 10,600 ETH (~$47M) into Puffer to Boost Treasury Yield
ETHETH · Live data
$2,230 −4.32%
- 24h Volume$24.16B
- 24h Low / High$2,174 / $2,340
- Long/Short2.75
- Funding Rate−0.0113%
Data provided by COINOTAG 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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