Ethereum (ETH) Strategic Reserve Tops $10B as Wall Street Goes Crypto-Crazy
Institutional money floods ETH—reserves hit $10 billion while TradFi scrambles to catch up.
Wall Street's late to the party (again)
The smart money’s betting big on Ethereum, pushing strategic reserves toward that eye-popping $10B milestone. Meanwhile, legacy finance firms are still debating whether to 'adopt blockchain'—right after they finish their third round of golf.
Active accumulation meets passive FOMO
Hedge funds and corporate treasuries are snapping up ETH like it’s 2021 all over again. The institutional stampede reveals what crypto natives knew years ago: decentralized infrastructure beats slow-moving banks at their own game.
Reserve growth outpaces Bitcoin’s 2020 bull run
At this rate, ETH holdings could double before traditional asset managers finish their 'blockchain task force' PowerPoint decks. The network effect is real—and it’s leaving Wall Street in the dust.
SharpLink Leads ETH Reserve Strategy
Being one of the major players in ETH acquisition, SharpLink Gaming has ramped up the excitement. The firm recently snagged 77,210 ETH, which is $295 million, pushing their total holdings to over 438,017 ETH. Most of this latest acquisition has been staked, allowing them to earn yields along the way. With an estimated $1.69 billion, SharpLink ranks first among all ETH holder entities.
Ethereum (ETH) Eyes to Break $4,000
Ethereum surged as high as $3,877 earlier today, inched closer to the much anticipated $4,000 price mark. If it manages to break through the level, nearly $1 billion in short positions will be liquidated–as noted by Evan Luthra.
🚨ALMOST A BILLION IN $ETH SHORTS WILL BE LIQUIDATED IF Ethereum HITS $4,000!
BEARS ARE GOING TO GET REKT! pic.twitter.com/NThWDnR5tv
Bybit and Binance revealed long liquidations, highlighting the intense volatility in the market. As a result, bears are feeling the heat as bulls take charge.
Also Read: SharpLink Buys Additional 77,210 Ethereum (ETH) for $295 Million
