📈 ETH — Bitmine (NYSE: BMNR) acquired 26,497 ETH over the past week, bringing total holdings to 5.42M ETH — 4.49% of Ethereum's circulating supply. Total portfolio now $11.6B, including 4.72M staked ETH and $446M cash. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A single listed entity now controls nearly 4.5% of all circulating ETH — a staggering concentration. This is aggressive accumulation into weakness (BTC dragging ETH below $72K). The staking yield on 4.72M ETH provides structural income, reducing forced-selling pressure. For ETH traders, 5.42M ETH off the market is ~$11.6B of notional that won't be sold — a meaningful supply sink. Bullish medium-term, though short-term price action remains tied to BTC's breakdown. PR Newswire: https://www.prnewswire.com/apac/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-42-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-6-billion-302786826.html --source: https://x.com/WuBlockchain/status/2061428137666245046 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))