ANNOUNCEMENT! We're excited to share that The Block Pro, a portfolio of research, news and data products in one easy-to-use platform, launches later this month. Reach out to your account manager for more information about products and subscription options.
ICO treasuries now hold a little over 3.57 million ETH, roughly 3.5% of the total Ethereum supply
The ETH selloff hasn’t been as drastic as many anticipated
In the last two months, ICO treasuries liquidated (or moved) 172,000 ETH (4.6% of total treasury holdings)
In aggregate, ICOs have moved or liquidated 64% of the amount that they initially raised
The popular narrative that ICOs are selling their ETH reserves is inaccurate
Footnotes
Join The Block Research for exclusive research like this
Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
