Many people say that ETH has no story anymore. Mocking Tom Lee, he couldn't even come back. He's a huge thunderbolt, sure to explode? But BitMine just bought 25000 ETH again, costing $50.56 million, with an average purchase price of about $2022. As of now, BitMine has accumulated holdings of over 5.27 million ETH, accounting for approximately 4.37% of the total network circulation. They are still a bit short of their target of holding 5% of the shares. Maybe they will continue to add! In the second half of last year, large-scale warehouse construction was approximately in the range of 3800-4000. I estimate the overall cost to be around 3000. After all, I bought a lot at a high price So as long as E returns to 4000 again, their profit will be over 4.2 billion US dollars. 5000 is 10 billion! When everyone was discussing whether ETH would fall to 800, institutions were discussing how to capture 5% of the entire ETH circulation. This is the difference. For institutions, this is a relatively strict pyramid copying model because their goal is to reach 8000 or more. The biggest wealth transfer in a bull market has never happened during FOMO. But it happens when most people feel hopeless. MicroStrategy hoards BTC. BitMine hoards ETH. Will history repeat itself? Time will give an answer!