Bitmine is tapping the brakes: It has capped its ETH holdings at 5% of the total supply. It now holds around 6 million ETH, or roughly 4.9%—just one step away from its self-imposed limit. Tom Lee revealed at TOKEN2049 that the cap also incorporated a suggestion from Vitalik. The biggest accumulation machine is voluntarily limiting its purchases, which could slow near-term buying and shift the ETH narrative from aggressive hoarding to staying below the cap. Do you think this restraint is bearish for buying demand or bullish for scarcity? Comment 1 if you’re bullish, 2 if you’re bearish.
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#以太坊 #Bitmine #TomLee
(Source: Coinfomania)
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