$ETH 🚨 BITMINE COULD SOON STOP BUYING ETH
Ethereum may be about to lose one of its most consistent buyers.
Tom Lee, Chairman of BitMine, says the company will be “done stacking” ETH once it reaches 5% of Ethereum’s total supply.
📊 Current position:
• ~6.02M ETH held
• ~4.9% of Ethereum’s supply
• Only ~89K ETH needed to reach the 5% target
• BitMine has been buying ETH consistently since June 2025
🎯 Once the 5% threshold is reached, BitMine says it won’t accumulate beyond that level.
The big question for the market:
What happens to ETH demand when one of its biggest corporate buyers stops accumulating? 👀
Will other institutions step in—or will this reduce a major source of buying pressure?
📌 ETH investors should be watching this closely.
#Bitmine #Ethereum
Ethereum may be about to lose one of its most consistent buyers.
Tom Lee, Chairman of BitMine, says the company will be “done stacking” ETH once it reaches 5% of Ethereum’s total supply.
📊 Current position:
• ~6.02M ETH held
• ~4.9% of Ethereum’s supply
• Only ~89K ETH needed to reach the 5% target
• BitMine has been buying ETH consistently since June 2025
🎯 Once the 5% threshold is reached, BitMine says it won’t accumulate beyond that level.
The big question for the market:
What happens to ETH demand when one of its biggest corporate buyers stops accumulating? 👀
Will other institutions step in—or will this reduce a major source of buying pressure?
📌 ETH investors should be watching this closely.
#Bitmine #Ethereum