According to CryptoQuant analysis, 16 companies currently employ an "ETH treasury strategy," collectively holding approximately 2,455,943 ETH, valued at approximately $11 billion, representing a significant portion of the circulating supply. However, the report notes that risks remain: ETH supply is uncapped, with approximately 1 million newly added last year; Coin concentration is high, with some companies aiming to control 5% but actually holding less than 1%; and open interest in futures contracts is approximately $38 billion, suggesting that leverage accumulation could amplify volatility.

According to Odaily Planet Daily, SharpLink officials stated that since the launch of the Ethereum treasury strategy, it has generated 1,388 ETH (about 6 million US dollars) in staking income. SharpLink buys ETH almost every day and immediately stakes it all.

According to Onchain Lens monitoring, in the past 20 minutes, three newly created wallets received 52,475 ETH from BitGo, worth approximately US$220.44 million, which may be related to BitMine.

According to the official announcement of Odaily Planet Daily, Coinbase will launch USELESS spot trading.

According to Odaily Planet Daily, according to Lookonchain monitoring, two institutional-associated wallets 0x50A5 and 0x9bdB received 9,044 ETH (worth $38 million) from FalconX approximately 25 minutes ago.

According to the monitoring of on-chain analyst Aunt Ai, two addresses of the "$125,000 long ETH" whale reduced their positions by 5,634.08 ETH and lost $830,000. Today, they have been forced to reduce their positions by 11,585.13 ETH, and the latest liquidation price is $4,159.