According to @MilkRoadDaily, public companies now hold $11.46B worth of ETH, which is over 2% of the total supply and described as growing fast (source: @MilkRoadDaily tweet on Aug 12, 2025). According to @MilkRoadDaily, this corporate treasury concentration signals ongoing accumulation that traders can factor into supply absorption and liquidity planning around ETH (source: @MilkRoadDaily). Using @MilkRoadDaily's reported threshold of more than 2% held by public companies, traders can monitor treasury disclosures and identifiable on-chain corporate wallets to confirm the trend and adjust risk for potential liquidity squeezes during directional flows (source: @MilkRoadDaily).