Hupzy (Spot On Chain)|6ๆ 22, 2026 12:43
๐ ๐๐ถ๐๐บ๐ถ๐ป๐ฒ ๐๐บ๐บ๐ฒ๐ฟ๐๐ถ๐ผ๐ป ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ถ๐ฒ๐ ๐ฏ๐ผ๐๐ด๐ต๐ ๐ฑ๐ฎ,๐ฎ๐ฌ๐ฏ ๐๐ง๐ ($๐ต๐ฎ๐ ) ๐ผ๐๐ฒ๐ฟ ๐๐ต๐ฒ ๐ฝ๐ฎ๐๐ ๐๐ฒ๐ฒ๐ธ, bringing total holdings to ๐ฑ.๐ฒ๐ณ๐ ๐๐ง๐ โ roughly ๐ฐ.๐ณ% ๐ผ๐ณ ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ'๐ ๐๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ฝ๐น๐, with 4.72M staked generating ~$223M/year in projected staking revenue.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Bitmine is building one of the largest single-entity ETH positions in the market, rivaling Strategy's role in BTC. The scale is striking โ 4.7% of total supply, with 83% locked in staking. This removes a meaningful chunk of liquid ETH from circulation while generating $223M/year in staking yield. For traders: (1) sustained institutional demand for ETH regardless of price, (2) structural supply reduction via staking, and (3) a potential floor-level bid from a deep-pocketed accumulator. The $9.5B unrealized loss mirrors Strategy's BTC situation: aggressive accumulation at higher cost bases during a bear market.
https://www.prnewswire.com/apac/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-67-million-tokens-and-total-crypto-and-total-cash-holdings-of-10-7-billion-302806056.html
Track real-time signals & trade โ https://hupzy.com/trending(Hupzy (Spot On Chain))
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