BitMine's latest ETH purchase brings its holdings to 𝟱.𝟵𝟲𝗠 𝗘𝗧𝗛 — roughly 4.9% of Ethereum's total supply — with 𝟴𝟱% 𝘀𝘁𝗮𝗸𝗲𝗱 and locked out of active circulation. The company is 98% of the way to its 5% accumulation target, with total holdings valued at $15.8B. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A single corporate entity controlling nearly 5% of ETH supply with 85% staked creates structural supply pressure that intensifies with every purchase. The staking lock-up removes liquid ETH from circulation, compounding the squeeze as BitMine approaches its 5% target. Traders should watch whether accumulation and staking accelerate — each tranche tightens available float. For ETH, this supply lock-up aligns with divergent ETF flows showing BTC outflows against an ETH inflow streak, reinforcing relative strength. The concentration risk cuts both ways: staking supports price structurally, but a forced unwind would amplify downside. https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-96-million-tokens-and-total-crypto-and-total-cash-holdings-of-15-8-billion-302877149.html Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2498