Bitmine Raises Ethereum Stake Above 3% — Watch for Supply Impact
I note that Bitmine increased its Ethereum treasury this morning, bringing its holdings to over 3% of the circulating supply.
That accumulation can tighten available supply and provide bullish support to ETH, but it also concentrates risk and could amplify volatility if Bitmine changes strategy or faces external pressure.
I will watch on-chain flows, order-book depth, and any related news, and prefer staged entries or buying on dips rather than chasing a move higher.
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