🚨 Bitmine’s ETH accumulation is nearing its 5% cap—about 100,000 ETH or six to seven weeks away, per Tom Lee at Token2049. This could slow one of the largest ETH treasury buildups, potentially reducing buying pressure. Watch for shifts in on-chain accumulation trends as the pace may ease.
Could this signal a near-term top in ETH demand?
#OnChainAnalytics
$ETH #TradingSignal #CryptoAnalysis
Could this signal a near-term top in ETH demand?
#OnChainAnalytics
$ETH #TradingSignal #CryptoAnalysis
