One of ETH’s most persistent buyers is approaching the finish line. Tom Lee says Bitmine will stop accumulating once it owns 5% of ETH supply. It already holds roughly 4.9%, after buying every week since June 2025. That creates a shift in ETH’s demand outlook. Bitmine’s 6M ETH treasury represents accumulated buying; price support from here depends on fresh purchases. Reaching the target would leave that large holding in place while removing a recurring buyer from the market. The question for ETH: will ETF inflows, other treasuries and broader investor demand absorb the supply Bitmine has been buying? #Ethereum #ETH