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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Ethereum Reaches 10,000 USD by 2025? Why Organizations Are Betting Big on $ETH
Ethereum is being deposited by smart money—and not just for spot ETFs. With BlackRock and other companies buying $240 million worth of ETH, the $10,000 target for 2025 may not be too far-fetched. This is the reason. Ethereum Reaches 10,000 USD: The Organization's Bet Is Underway Ethereum is showing all signs of becoming the next big game for institutions. Over the past few weeks, BlackRock and other major ETFs have accumulated $240 million in ETH, even before the official launch of the Ethereum spot ETF. Real Objective: ETF Staking ETH Organizations are preparing for the SEC's future approval of staking-based ETFs, which will allow them to offer profit-generating products. If approved, this will be a turning point: Staking ETH = passive income The supply of ETH is deflationary, especially after the merge Real-world assets ( RWA ) worth trillions are being tokenized on Ethereum ETH remains the largest technology infrastructure in cryptocurrency Retail is still tracking smart money that has moved. ETH Chart Analysis: Support Remains Intact Looking at the chart, Ethereum is trading around $2,533, just above the key support level of $2,475. The price has bounced off this level twice, indicating that it is acting as a strong demand zone.
However, the 200 EMA at $2,591 is acting as a resistance level. ETH must break above this level to confirm momentum and continue the upward trend. The RSI index on the 2-hour timeframe is at around 37.90, slightly oversold, which means the downtrend is limited unless support is broken. Main levels: Support: $2,475 Resistance: $2,591 and $2,732 Breakout zone: A move above $2,732 will indicate acceleration towards $3,000+ Ethereum Price Prediction: The Road to 10,000 USD The path to reaching 10,000 dollars ETH will not happen overnight, but the groundwork has been laid: Institutional buying is on the rise ETF spot + staking is right in front of us Supply is decreasing (burn mechanism + staking )Ethereum dominates smart contracts, DeFi, NFT, and now RWA When the FOMO mentality of retail investors arises, ETH may have already gone halfway.