BitMine (BMNR) now holds 𝟲𝗠 𝗘𝗧𝗛 — roughly 4.9% of Ethereum's total supply — with 𝟴𝟰% 𝘀𝘁𝗮𝗸𝗲𝗱, locking over 5M ETH out of liquid circulation. The company added 17,362 ETH this past week, reaching 6,001,302 ETH as of September 27. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A single corporate entity controlling nearly 5% of ETH supply with 84% staked is a structural supply lock-up at scale. Over 5M ETH removed from liquid supply tightens sell-side depth and reinforces scarcity dynamics. BitMine sits 98% of the way to its 5% target — the final push and whether other treasuries adopt this accumulation-plus-staking model is the signal to watch. For ETH, the staking component compounds the post-Merge supply constraint. With 5M+ staked ETH from one entity adding to existing staked supply, available float compresses further. The risk: if positions are ever unwound, liquid-staking derivative selling pressure could hit concentrated venues. https://www.prnewswire.com/apac/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-over-6-million-tokens-with-total-crypto-cash--marketable-securities-holdings-of-17-2-billion-302891187.html Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2712