BitMine Immersion Holds 1.15M+ ETH — World’s Largest Ethereum Treasury
I note that BitMine Immersion holds in excess of 1.15 million ETH tokens, with a market value topping $4.96 billion, making it the largest Ethereum treasury in the world. This substantial ETH holding highlights a major institutional accumulation of Ethereum tokens and underlines significant on‑chain treasury concentration.
I view this as a notable development for ETH markets, as such a large centralized treasury position can influence liquidity dynamics and market sentiment around Ethereum.
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