Ethereum (ETH) has reached a historic high in fiat pricing in Japan and South Korea! The surge in local demand drives the key promoter of the "ETH treasury" strategy for enterprises.
Ethereum (ETH) set a historical new high (ATH) in local fiat (Yen, Won) on August 10th (last Sunday) in both the Japanese and South Korean markets, significantly outperforming the same period in dollar terms. Data analysis indicates that this round of pump is primarily driven by strong local demand in Japan and South Korea, rather than fluctuations in exchange rates. At the same time, U.S. listed companies are accelerating the implementation of the 'Ethereum Treasury' strategy, with institutions represented by Bitmine sweeping up 833,000 ETH in just 35 days, bringing the total value of their Holdings to over $2.9 billion, becoming an important cornerstone for supporting ETH's global price. This article analyzes the driving logic behind the regional market's new high and the dynamics of institutional Holdings.
View OriginalLast edited on 2025-08-11 03:26:53