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Compiled by Odaily Planet Daily ( @OdailyChina ); Translated by Azuma ( @azuma_eth ) Editor’s Note: The frenzied buying spree by ETF treasuries has become a hot topic in the market recently, exerting the strongest buying pressure on ETH prices. Data from Strategic ETH Reserve shows that as of August 14th (Beijing time), the combined holdings of major ETF treasuries reached 3.57 million ETH, valued at approximately $16.92 billion. BitMine (BMNR), Sharplink Gaming (SBET), and The Ether Machine (DYNX) ranked the top three with holdings of 1.2 million, 598,000, and 345,000 ETH, respectively. This morning, Michael Nadeau, founder of The DeFi Report, who has been paying close attention to the status of ETH, reviewed the distribution and changing trends of ETF chips outside of Caiku Company (Note: Caiku Company’s holdings…# Analysis# bitcoin# crypto# defi# Exchange# guide# Market# Token# ToolPre
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