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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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Analysis

Bitmine's accumulation meaningfully removes supply from the market, which can exert upward pressure on price given ETH's liquidity profile. However, a single entity controlling >3% increases liquidati...

Recommendation

I recommend watching Bitmine's flows and market liquidity closely. Avoid full exposure now — consider small, staged buys or buying on weakness while monitoring for follow-through or sell signals from ...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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