Ethereum Institutional Buying Slows as Treasury Firms Show Cooling Interest

Recently, several companies associated with Ethereum treasuries have shown a noticeably cautious attitude, with a significant slowdown in institutional ETH purchases. Analyst Ted points out that, from a price action perspective, Ethereum has been under sustained pressure for the past few months, leading to a more conservative market sentiment and causing major institutional buyers to almost halt new purchases.

Looking at the charts, most companies' holding behaviors show a similar trajectory: an initial brief surge due to speculative sentiment, followed by a period of consolidation. For example, Dynamix Corporation experienced a rapid increase, but the price has since lingered in a narrow range for a long time. Bit Digital, on the other hand, exhibited a typical "rapid rise followed by a sustained decline" pattern, which has recently stabilized.

Despite the reduced buying activity, mainstream institutions still hold considerable ETH positions. SharpLink Gaming leads with approximately 865,000 ETH (worth approximately $1.7 billion); Ether Machine holds nearly 497,000 ETH, with a market value close to $1 billion; Bit Digital and Coinbase Global hold 153,000 and 151,000, respectively; BTCS Inc. also holds 70,000, ranking among the major holders. Overall, although short-term buying momentum has weakened, institutions maintain a high level of long-term allocation to Ethereum, reflecting its core position in digital asset portfolios remains unchanged.