ETHEREUM Treas star-news.press/wp

As the encryption market continues in its upward path – with the total market value of more than $ 3.8 trillion yesterday – the institutional interest in ETHEREUM (ETH) has become increasingly clear. An increasing number of companies now accumulate ETH at an unprecedented pace.

Ethereum request does not show any signs of fatigue

According to X Post by Crypto Entrepreneur Kyle Reidhead, the current demand for ETH was “crazy”. Specifically, ten more than 550,000 ETH – at a value of about $ 1.65 billion – has accumulated over the past thirty days.

Raidid stressed that this momentum is accelerating, with no signs of slowdown. He pointed out that the new ETH Treasury companies are launched every week, and perhaps the largest has not entered the market yet.

Moreover, each of these companies is said to purchase ETH more than they were in the previous week. If this trend continues, ETH purchases may reach two billion dollars next month, and perhaps $ 3 billion in the following month.

Although this request will definitely explode at some point, it is unlikely to do so in the short term. In particular, the growth of Stablecoin can encourage the favorable digital asset regulations to add encryption to their public budgets.

It should be noted that the week that begins on July 14 “signs”Encryption“In the United States, during which three major digital bills are expected to face the voices of Congress. These laws focus on major issues such as Stablecoin and the potential use of the Central Bank of Digital Currencies (CBDCS) in monetary policy.

Is it to face the shock of the show?

Raidid added that in the past thirty days, the ETH cabinet companies got up to 0.5 % of the total ETH supplies. These companies have also transferred ETH to ETHEREUM (Defi) by lending or lending.

The businessman also contradicts the locker buyers and ethereum etfs, saying that unlike the circulating investment funds, these treasury companies do not sell. Instead, they seem to be committed to the long -term ETH assembly and contract. He commented:

This will create the shock of the show to Eth In the coming months, there is no way to overcome it. Disappear Eth Treasury companies with your caution.

Support this thesis, Data From Sosovalue, the Investment Funds in Sotovalue enjoyed nine consecutive weeks of positive flows, with the addition of $ 907 million in the week ending July 11. As of July 15, Sot ETH ETF has already received $ 259 million of fresh flows.

Another data point enhances the argument of the ETH supply shock that is looming on the horizon quickly Exhaustion Exchange of reserves. However, some caution justification. At the time of the press, ETH is trading at $ 3,018, a decrease of 0.9 % in the past 24 hours.

Distinctive image from Unsplash.com, plans from Sosovalue and TradingView.com

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.