🦈 A SINGLE ENTITY IS DEVOURING 5% OF THE ENTIRE
$ETH SUPPLY! ⚡
Smart balance sheets are vacuuming up the liquid float at an unprecedented pace. 🌊 Another 12,532
$ETH absorbed this week pushes Bitmine's total stash past 6 million tokens, securing roughly 4.9% of all Ethereum in existence.
With over 5.06 million
$ETH committed to staking yielding an estimated $336 million annually, this massive treasury lockup severely chokes liquid market supply. 📊 Still, whenever a single balance sheet commands this much market share, any future liquidity pivot creates a massive systemic overhang.
💬 Is this supply squeeze laying the groundwork for an explosive expansion, or is ETH growing dangerously dependent on one whale? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#ETH #Ethereum #WhaleWatching #Crypto 🎯 🦈