Following months of aggressive ETH allocations, this cooling trend raises the question of whether treasuries are taking a break or waiting for the market to reevaluate. Data shared by Ted shows that companies have acquired over 816,000 ETH in the month alone. While it may seem like a large quantity, this is a 50% decline when compared to August’s accumulation.
According to the expert, there are now 5,255,246 ETH held by treasury reserve corporations, signaling growing confidence in Ethereum’s long-term value and utility. With these enormous holdings, ETH is positioned as a key component of treasury diversification strategies across the globe, highlighting not only its growing reputation as a store of value but also its pivotal role in decentralized finance and staking economies.
