The 32x demand-to-supply ratio represents an unprecedented concentration of digital asset control. Unlike previous crypto rallies driven by retail investors, this marks the first institutional consolidation of ETH at this scale. The $10B acquisition by regulated entities in just two months creates a new paradigm of centralized control over what was designed as a decentralized system.
ETH Demand Hits 32x Supply: Digital Asset Control Milestone
📰 What Happened
Bitwise Chief Investment Officer Matt Hougan reports unprecedented Ethereum demand, with ETFs and corporations acquiring 2.83 million ETH ($10B) since May 15, 2025. This purchasing activity exceeds new ETH issuance by 32x, driving a 65% price increase in the past month and 160% since April. Major corporate buyers including Bitmine Immersion Technologies and SharpLink Gaming are positioning ETH as a strategic treasury asset, mirroring patterns seen after Bitcoin ETF launches in early 2024.
📖 Prophetic Significance
The rapid institutional accumulation of 2.83M ETH demonstrates the emergence of a digital economic control system. As corporations and ETFs acquire 32x more than new supply, we're witnessing the centralization of digital assets under regulated entities - precisely the infrastructure needed for Revelation's economic control system. The transition from decentralized crypto to institutional custody mirrors prophecies about consolidated economic authority. The involvement of public companies like SharpLink and Bitmine shows how rapidly traditional finance is absorbing and controlling digital assets.