Analyst: Ethereum Treasury Firms Continue Accumulating, ETH Demand Remains Strong
According to ChainCatcher, David Duong, Head of Institutional Research at a certain exchange, stated on social media, "The demand for ETH is far from over. Since early August, leading ETH treasury reserve companies have collectively purchased over 795,000 ETH (approximately $3.6 billion), and now control more than 2% of the total ETH supply. Meanwhile, the newly raised $2 billion by BMNR has brought its total purchasing power to $2.45 billion."
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