1confirmation Founder: A Certain Exchange Continues to Accumulate ETH, Robinhood Will Follow Suit
2025/07/02 13:41Nick Tomaino, founder of 1confirmation, posted on X that a certain exchange now holds over $335 million worth of ETH on its balance sheet, and predicts that other institutions, including exchanges, will follow this allocation strategy. He believes that although it is still early, competition among ETH Layer2 solutions has already begun.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Fear and Greed Index remains at 28, indicating a level of fear.
"1011 Insider Whale" closed a 5x short position of 5,000 ETH, earning approximately $55,000 in profit.
ETH ICO address transfers nearly $120 million worth of ETH to a new wallet after 10 years