This figure represents 0.9674% of Ethereum’s total circulating supply, which is around 120.8 million ETH. While the percentage may appear modest, the scale of accumulation illustrates the growing institutional confidence in Ethereum as a long-term digital asset.
Meanwhile, 37 participants have been identified as strategic ETH holders.
The Golem Foundation, known for its decentralized computing ecosystem, rounds up the top five with 101,079 ETH in its reserves.
The top five holders control over 840,000 ETH in total. That means more than 72% of all strategically held Ethereum is concentrated among just a handful of organizations.
This level of consolidation signals both firm conviction in Ethereum’s long-term value and its rising importance in institutional portfolios.