4E: 64 treasury companies collectively hold over 3 million ETH, with ETH trading activity approaching historical highs

ChainCatcher message, according to 4E observations, based on StrategicETHReserve data, as of August 6, 64 institutions holding more than 100 ETH collectively hold approximately 3.04 million ETH, accounting for 2.52% of the total supply, with a total value of about $10.87 billion. Bitmine (831,000 ETH), SharpLink Gaming (521,900 ETH), and The Ether Machine (345,400 ETH) are the top three.

The on-chain activity of Ethereum continues to rise. Etherscan shows that yesterday's daily ETH transaction volume surged to 1.87 million, approaching historical highs. Nansen indicates that the active trading of USDC, Tether, and Uniswap is the main reason. DappRadar analysis states that the "GENIUS Act" provides regulatory clarity, enhancing confidence in stablecoin liquidity.

The U.S. SEC has also approved exemptions from securities regulation for liquid staking protocols like Lido and Jito, laying a compliance foundation for DeFi staking services.

On the macro front, Federal Reserve officials hinted at a possible rate cut in September, leading to a weaker dollar. Standard Chartered stated that ETH fund management companies outperform spot ETFs, and Bitwise's CIO pointed out that institutions and governments have begun discussing incorporating BTC into reserve systems.

4E reminds investors: current policies and market dynamics are driving forces; it is advisable to pay attention to on-chain data and policy changes, seek steady progress, and ensure effective risk management.