#以太坊市场需求与持有# Recently, multiple institutions have significantly increased their holdings of ETH, attracting widespread attention in the market. Data shows that companies such as GameSquare, The Ether Machine, and SharpLink have all expanded their ETH holdings. Among them, SharpLink purchased 83,561 ETH at an average price of $3,634 last week, raising its total holdings to 521,000 ETH, with the concentration of ETH holdings increasing by 83% year-on-year. The concentrated buying behavior of these institutions reflects optimism about the long-term value of ETH. From the perspective of capital flow, a large amount of funds is flowing into the ETH market, which may provide support for short-term prices. However, it is important to note that large-scale purchases by institutions may also bring concentration risk. It is advisable to follow the subsequent staking and trading movements of these large investors to assess their potential impact on the market.