What Impact Do Ethereum Treasury Companies Have on the Market? CryptoQuant Analysis

On the 20th, blockchain analytics firm CryptoQuant released an analysis on companies that are accumulating Ethereum (ETH) as part of their financial strategy. The cryptocurrency treasury strategy, which started with Bitcoin (BTC), has now expanded to Ethereum, with more than 16 companies already adopting it. The total holdings amount to 2,455,943 ETH, valued at approximately $11 billion (about 1.6 trillion yen). The benefits of this situation include a significant amount of Ethereum not flooding the market, thereby contributing to buying pressure. On the other hand, the disadvantages...