🚀 Ethereum Foundation's Latest Report: $970.2 Million Reserves, Firmly Optimistic about the Future of ETH! 🔥

📊 As of October 31, 2024, the Ethereum Foundation (EF) has reserves totaling $970.2 million, of which $788.7 million are cryptocurrency assets (99.45% held in ETH). This means that the amount of ETH held by EF accounts for 0.26% of the total supply!🌐

EF's holding strategy is clear and confident: most of the reserves are held in ETH, reflecting a strong belief in the future development of Ethereum. To ensure the long-term development of the ecosystem, EF adopts a conservative financial management approach, increasing fiat reserves during market bull runs and gradually investing during bear markets, ensuring the sustainable development of the ecosystem.📈

💡 Implications for Ethereum and the Crypto Market:

EF's long-term strategy indicates that the Ethereum ecosystem has strong financial support, which not only reflects confidence in the future but also means that even during market downturns, the Ethereum ecosystem still has ample resources to continue growing. For investors, EF's ongoing holding of ETH and planned financial management increases ecosystem stability and serves as an endorsement of the long-term value of the market.

In the coming years, EF will continue to guide the growth of ETH with a long-term vision!🌟#美联储利率决议来袭 #pros #jto #CETUS #SLF $ADA $PROS $JTO