Ethereum en llamas: Tesoros institucionales y ballenas crypto aceleran su acumulación en 2025

El mercado crypto vuelve a rugir, y Ethereum está en el centro de la tormenta. Mientras los reguladores se rascan la cabeza, los grandes jugadores están haciendo movimientos agresivos.

Instituciones vs. ballenas: La carrera por ETH

No es solo hype retail esta vez. Fondos de tesorería corporativa y direcciones 'ballena' están acumulando ETH a un ritmo que no se veía desde el último ciclo alcista. ¿Se están preparando para algo grande o simplemente siguen el miedo a perderse algo?

El lado oscuro del frenesí acumulador

Mientras tanto, los pequeños inversores miran desde la barrera, preguntándose si llegaron tarde a la fiesta - otra vez. Clásico en Wall Street, ahora en Blockchain Street: los que tienen, reciben más.

Con la demanda institucional disparada y las ballenas acumulando como si ETH fuera a desaparecer mañana, solo queda una pregunta: ¿Estamos ante el preludio de un nuevo ATH o solo otra burbuja inflada por capital 'inteligente'? En crypto, la línea entre ambos es sorprendentemente delgada.

In Brief

• Corporate treasuries and ETFs bought 3.2M ETH in two months, showing the strongest Ethereum demand wave ever recorded.
• Standard Chartered predicts treasuries could control over 10% of Ethereum’s supply, boosted by staking rewards and DeFi access.
• Whales bought 220K ETH worth $840M as ETH price surged nearly 50% in July, reinforcing strong institutional market confidence.

Treasuries Eye 10% of ETH Supply

According to Kendrick, ETH-focused treasury companies are still in the early stages. He believes they could eventually control over 10% of Ethereum’s circulating supply. For context, Bitcoin treasuries currently hold 4.4% of BTC, with Strategy alone accounting for 3%.

ETH offers added utility compared to BTC. These companies can earn staking rewards of around 3% and leverage Ethereum’s DeFi tools. U.S.-based ETFs cannot access these benefits yet, giving treasuries an advantage.

BitMine (BMNR), the largest ETH treasury firm, plans to accumulate 5% of ETH supply. That goal requires buying another 6 million ETH. SharpLink Gaming (SBET), backed by Ethereum co-founder Joe Lubin and Consensys, now holds 438,000 ETH. Their latest 77,210 ETH purchase exceeds the total ETH issued last month.

Kendrick noted that regulatory arbitrage plays a role. Companies gain ETH exposure where direct ownership faces restrictions. As a result, their stock values often trade above asset value due to this unique access.

Whales Drive Ethereum’s Strong Bull Run

Over the last six weeks, Ethereum has seen an impressive surge, according to expert Ali. The price of the cryptocurrency remained stable until the end of the month, having begun trading between $2,400 and $2,500 in mid-June. But in the first few days of July, Ethereum saw a dramatic increase, going from roughly $2,500 to over $3,800. This was almost a fifty percent increase in value.

Ali also noted that whales, or large investors, purchased over 220,000 ETH worth around $840 million in just 48 hours, reinforcing growing market confidence.

Zodia Raises $18M to Expand

Meanwhile, Standard Chartered-backed Zodia Markets secured $18.25 million in Series A funding, according to a Bloomberg report. The crypto brokerage platform plans to expand geographically and build cross-border stablecoin payment solutions.

Launched in 2021 through SC Ventures and OSL Group, Zodia targets institutional crypto trading. It focuses heavily on compliance and fiat access, differentiating itself from Coinbase Institutional and Galaxy Digital. With this funding round, Standard Chartered’s stake drops from 84% to 60%, but it still maintains control and strategic oversight.

¡Maximiza tu experiencia en Cointribune con nuestro programa "Read to Earn"! Por cada artículo que leas, gana puntos y accede a recompensas exclusivas. Regístrate ahora y comienza a acumular beneficios.