🚨 Bitmine Stops Buying ETH: The $15B Demand Shock Is Coming
📊 Alpha Breakdown:
Tom Lee stated Bitmine will cease Ether purchases upon reaching 5% of circulating supply. The firm currently holds 6.01 million ETH, valued at approximately $15.5 billion. This move removes a consistent source of demand from the cryptocurrency market. Analysts expect the accumulation phase to conclude within six to seven weeks at current buying rates....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/bitmine-stops-buying-eth-the-15b-demand-shock-is-coming
#bitcoinnewstoday #cryptocurrency #cryptoprices
📊 Alpha Breakdown:
Tom Lee stated Bitmine will cease Ether purchases upon reaching 5% of circulating supply. The firm currently holds 6.01 million ETH, valued at approximately $15.5 billion. This move removes a consistent source of demand from the cryptocurrency market. Analysts expect the accumulation phase to conclude within six to seven weeks at current buying rates....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/bitmine-stops-buying-eth-the-15b-demand-shock-is-coming
#bitcoinnewstoday #cryptocurrency #cryptoprices