After Bitmine increased its holdings, the proportion of ETH held by Ethereum treasury entities has exceeded 4% of the total circulation

ChainCatcher news, according to data from the strategicethreserve website, the Ethereum treasury entity currently holds approximately 4.99 million ETH, accounting for 4.13% of the total circulation.

Yesterday, news broke that BitMine, the largest Ethereum treasury entity, announced an increase of 82,233 ETH last week, bringing its total holdings to 10.77 billion dollars.