Bitmine chairman Tom Lee just dropped the number: they're capping $ETH accumulation at 5% of circulating supply.
Current holdings: 6.02M $ETH (4.9% of supply)
Target: +100k $ETH to hit the cap
That's institutional conviction at scale. When a single entity is openly front-running 5% of supply, it's not just accumulation—it's a positioning play.
Watch liquidity tighten as they cross that threshold. 🟣
Current holdings: 6.02M $ETH (4.9% of supply)
Target: +100k $ETH to hit the cap
That's institutional conviction at scale. When a single entity is openly front-running 5% of supply, it's not just accumulation—it's a positioning play.
Watch liquidity tighten as they cross that threshold. 🟣
