Major investors are significantly increasing their holdings of both Bitcoin and Ethereum, according to data from Arkham Intelligence. New analysis indicates a substantial influx of funds into these leading cryptocurrencies. Recent data reveals that a single large investor, or “whale,” received 12,000 ETH, valued at approximately $45.47 million, from Galaxy Digital within a two-hour window.
The same data also confirms this wallet now possesses a staggering 112,972 ETH, translating to an estimated $426.7 million. Over the past week, this particular wallet address has expanded its holdings by over 100 ETH, worth over $370 million.
The trend extends to Bitcoin as well. Recent observations underscore a surge in Bitcoin accumulation by major holders. A key indicator, the sell-side risk ratio, has reached a historic low of 0.24, suggesting a marked decrease in the likelihood of large-scale sell-offs. Furthermore, Bitcoin’s accumulation trend score has been steadily approaching 1.0 over the last couple of weeks, highlighting significant buying interest from institutional investors and large-scale individual holders.
Anchorage Digital Adds 10,141 BTC, Valued at $1.19 Billion
Anchorage Digital has accumulated 10,141 $BTC($1.19B) from multiple wallets over the past 9 hours.
— Lookonchain (@lookonchain) July 30, 2025
Additional findings from Arkham Intelligence demonstrate that Anchorage Digital has acquired a substantial 10,141 BTC, with an approximate value of $1.19 billion, sourced from various wallets in just nine hours. Since July 9, a total of nine new wallets have collectively accumulated 640,646 ETH, totaling approximately $2.43 billion. Furthermore, three wallets added another 74,207 ETH ($273 million) on Thursday, reinforcing the strong confidence among major players in the cryptocurrency market.
Ethereum has seen continued growth, achieving a peak value of $3,940.66 on Monday, marking a 52.20% surge in the last 30 days. As of this writing, the cryptocurrency is trading around $3,817, reflecting a 1.81% increase over the last 24 hours. Bitcoin previously hit an all-time high of $123,091 on July 14. It has since experienced a slight correction, currently trading around $118,000.
The Strategic ETH Reserve data shows a dramatic increase in Ether holdings by whales and institutions, jumping from 1.2 million to 2.3 million in just four weeks. According to cryptocurrency analyst Ali Martinez, major holders have collectively purchased over 1.13 million ETH, totaling $4.18 billion, in the last two weeks alone.
ETH Treasury Firms Expand Their Ethereum Holdings
🚀 Ethereum Corporate Treasury Wave
• Treasury firms bought 1.26 M ETH, 1 % of supply, since June, nearly matching the 2 M ETH acquired by ETFs in the same span
• @StanChart Standard Chartered’s Geoffrey Kendrick forecasts a 10× leap taking treasuries to 10 % of all ETH— Gauss Research | Crypto Insights (@GaussResearch) July 29, 2025
Standard Chartered Bank indicated on Tuesday that corporate treasury companies have been actively increasing their Ethereum positions, purchasing approximately 1.26 million ETH, representing around 1% of the total ETH supply, in just two months.
Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, suggests that ETH treasury companies are only beginning to explore their potential and could potentially increase their holdings tenfold. He further projects that these companies could eventually control as much as 10% of the total ETH in circulation. Currently, Bitcoin treasury firms hold approximately 4.4% of the overall BTC supply, with MicroStrategy holding nearly 3%.
BitMine (BNMR) currently holds the position of the largest ETH treasury company, controlling approximately 625,000 ETH, valued at over $2.3 billion. Tom Lee’s investment firm has also disclosed intentions to gain control over 5% of the total Ethereum supply.
SharpLink Gaming (SBET) has also engaged in substantial ETH acquisitions, positioning itself as the second-largest ETH holder with over 438,000 ETH, according to on-chain analytics. SBET’s recent purchase of approximately 77,210 ETH exceeds the total amount of Ether issued in June.
“Beyond BNMR and other existing holders, several new entrants are likely over time. In the Bitcoin treasury space, it took several years for MSTR to spawn significant buying imitators.”
-Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered.
Kendrick suggests that if BNMR achieves its 5% ownership goal, other ETH treasury companies may collectively hold more than 10% of the asset’s circulating supply.
Ethereum has recently demonstrated superior performance compared to Bitcoin, as indicated by the ETH/BTC ratio, which has moved from 0.032 in April to 0.018. Kendrick attributes this to substantial buying activity from treasury firms and increased inflows into ETH exchange-traded funds (ETFs). The bank’s cryptocurrency researcher also anticipates that, if current trends continue, ETH has the potential to surpass the key $4,000 mark, which aligns with Standard Chartered’s current end-2025 forecast.
Kendrick emphasizes that Ethereum treasuries offer greater bullish potential compared to those focused on Bitcoin. He argues that ETH treasuries can generate staking rewards (around 3%) and gain access to decentralized finance leverage, which provides them with a significant advantage.