According to @rovercrc, Ethereum treasury companies are accumulating ETH at a record-breaking pace as stated in an X post dated 2025-09-20, though the post does not include specific wallet data or amounts for verification, source: @rovercrc on X. Traders can validate this claim by tracking labeled corporate and treasury wallets, ETH net exchange balances, and spot ETH ETF net flows via Arkham Intelligence, Nansen, Etherscan, and Farside Investors dashboards, source: Arkham Intelligence; Nansen; Etherscan; Farside Investors. Additional confirmation signals include rising Beacon Chain staking deposit inflows and declining exchange balances, which can be monitored through the Ethereum Beacon Chain deposit contract and Glassnode on-chain metrics, source: Etherscan Beacon Deposit Contract; Glassnode.