Ethereums - about to hit $5,000 per coin today!?

[Griffith]

Fastest asset in history to reach $500 billion:

[Flexacon]

The leverage wipe candle just now was brutal, but it's a good sign that everything is about to send hard.

Sol over Eth right now though

[Griffith]

Strategic ETH Reserve now over $20 billion.

ETF Reserve almost $31 billion.

https://www.strategicethreserve.xyz/

[Griffith]

"Professional investors are skipping Bitcoin entirely and going all in on ETH."

Bitwise CIO, Matt Hougan

- $ETH ETFs are seeing 10X the inflows of $BTC ETFs
- ETH ETFs pulled in $4B this month alone, that’s $50B annualized
- Since August, ETH had more inflows, BTC had outflows
- People are skipping Bitcoin entirely and going all in on ETH
- Professional investors like the tokenization story, the stablecoin story, the cashflow story of ETH
- Ethereum fits a professional investor framework
- "I spoke with a multibillion dollar advisor, they didn’t love Bitcoin, but decided to go all in on ETH ETFs”


https://x.com/i/status/1961063027337290170

[Griffith]

Bitcoin whale moves another $1.1 billion of BTC and resumes ETH purchases

"A whale holding over $5 billion of BTC is currently buying ETH," Arkham Intelligence posted to X on Friday. "He just moved $1.1 billion of BTC to a new wallet and has started purchasing ETH through Hyperunit/HL. ."This whale bought $2.5 billion of ETH last week, and he’s still buying.

The cryptocurrency market appears to have been, at least partly, influenced by billions of dollars rotating from BTC to ETH, with the price of bitcoin down 8% over the last month as compared to ether, which is up by 14%. Additionally, interest in spot Ethereum-based ETFs has surged. U.S. ETH ETFs look as they are about to post $4 billion in net inflows for August, which would be their second-largest monthly haul.

https://www.theblock.co/post/368784/bitcoin-whale-moves-another-1-1-billion-of-btc-and-resumes-eth-purchases

[obsidian]

The ETH Exchange Reserve has dropped below 17.8 million - a 13.6% decrease from the 20.6 million supply in late April - after ETH's dramatic crash.

https://cryptoquant.com/asset/eth/chart/exchange-flows/exchange-reserve?exchange=all_exchange&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line&from=1724976000000&to=1756598399999&img=link%2F68b211dace3e0c7280dc5362.png

BTC's Exchange Reserve also dropped from 2.8 million in April to 2.5 million in late August - a 10.7% decrease.

https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=all_exchange&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line&from=1724976000000&to=1756598399999&img=link%2F68b212c6ff47c52ba0ab22f0.png

[Griffith]

EU Eyes Ethereum and Solana for Digital Euro in Race Against US Stablecoins

The European Union is speeding up efforts to roll out a digital euro and is now seriously considering public blockchain networks like Ethereum and Solana for its foundation.

This marks a significant pivot away from private blockchain models, such as China’s CBDC, as Europe seeks to maintain control over its financial system and avoid overreliance on foreign digital currencies.

Officials within the EU now see the digital euro as essential to defending the euro’s role in both global markets and internal financial systems. A prototype is expected in 2025, with implementation discussions still ongoing.

The move comes shortly after the United States passed the GENIUS Act, a law offering clear regulatory guidelines for dollar-pegged stablecoins. Backed by strong federal support, including a signature from President Trump, the law gives US-issued digital currencies a significant edge globally.

US stablecoins, primarily those issued on Ethereum, now account for 98 percent of the $160 billion global stablecoin market, sparking serious concerns among European regulators.

https://coinlaw.io/eu-digital-euro-ethereum-solana/

[obsidian]

Tether Mints $1 Billion USDT on Ethereum as Stablecoin Flows Surge
Tether Treasury minted 1 billion USDT on the Ethereum blockchain on 20 Aug 2025, blockchain-tracking services showed

https://thedefiant.io/news/blockchains/tether-mints-1-billion-usdt-on-ethereum-stablecoin-flows-surge-dd5788c1

[obsidian]

EU Eyes Ethereum and Solana for Digital Euro in Race Against US Stablecoins

The European Union is speeding up efforts to roll out a digital euro and is now seriously considering public blockchain networks like Ethereum and Solana for its foundation.

This marks a significant pivot away from private blockchain models, such as China’s CBDC, as Europe seeks to maintain control over its financial system and avoid overreliance on foreign digital currencies.

Officials within the EU now see the digital euro as essential to defending the euro’s role in both global markets and internal financial systems. A prototype is expected in 2025, with implementation discussions still ongoing.

The move comes shortly after the United States passed the GENIUS Act, a law offering clear regulatory guidelines for dollar-pegged stablecoins. Backed by strong federal support, including a signature from President Trump, the law gives US-issued digital currencies a significant edge globally.

US stablecoins, primarily those issued on Ethereum, now account for 98 percent of the $160 billion global stablecoin market, sparking serious concerns among European regulators.

https://coinlaw.io/eu-digital-euro-ethereum-solana/

What do you think of Tether, Circle and Google developing their own L1 chains, and not using the public chains like Ethereum, Solana, Tron, Avalanche, etc.?

[Griffith]

What do you think of Tether, Circle and Google developing their own L1 chains, and not using the public chains like Ethereum, Solana, Tron, Avalanche, etc.?

Ethereum is a Layer 1 which is decentralised, permissionless, credibly neutral, secure and reliable with 100% uptime.

A privately-owned company could seize or freeze your funds or block transactions like a bank if they wanted, or if told to by governments.

No one can shut-down or censor the Ethereum network, it was even created using 5 different coding languages to increase decentralisation.

[Griffith]

Strategic ETH Reserve now at almost $23.5 Billion.

ETF Reserve at $31.7 Billion.

Jack Ma-linked Yunfeng Financial has acquired ETH for its corporate treasury as part of a 'long-term investment to support its expansion into Web3 and the tokenization of real-world assets.'

Ethero becomes the first French and European company to create an Ethereum Treasury.

ETH price currently over $4,720.

https://www.strategicethreserve.xyz/