Bitmine has been accumulating ETH aggressively, adding 24,266 tokens in the past week alone. The mining firm now holds 4.17 million ETH—representing 3.4% of circulating supply—cementing its position as crypto's largest corporate holder. What's striking isn't just the raw numbers. Their combined crypto and cash portfolio sits at $14 billion, with an additional $1 billion in fiat reserves plus 193 BTC. On the staking front, their locked ETH position has climbed to 1.26 million tokens. The trajectory tells a story: Bitmine's sights are set on accumulating up to 5% of total ETH supply. Against this backdrop, ETH is trading near the $3,100 mark, leaving room to watch how such institutional appetite shapes near-term market structure.
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NFTRegretDiary
· 1h ago
ngl bitmine is really playing big this time, what does a 5% supply mean... now it's really going to be whales
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OldLeekConfession
· 01-14 09:49
Buy buy buy, this pace is really crazy... Want 5% of the supply? Alright, retail investors will just watch.
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CoffeeNFTs
· 01-13 14:56
NGL, Bitmine's move is really aggressive. 3.4% is already considered a major holder, and they want to push to 5%...
Oh my god, a 1.4 billion asset portfolio, this pace is a bit crazy.
Wait, are they trying to push up the ETH price, or are they just optimistic about the long term?
4.14 million ETH, I could never save that much in my lifetime.
Institutions are疯狂吸筹, retail investors are still hesitating whether to add to their positions...
This volume is really huge, with 1.26 million staking... profits are probably going to double.
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GateUser-44a00d6c
· 01-13 14:56
NGL, Bitmine's move is really aggressive, targeting 5% of the supply... it's a bit scary.
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Big institutions are different when they scoop up assets; we're still debating whether to buy or not.
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4.14 million ETH—that's the difference between whales and us, right?
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Wait, what does 1.26 million staked ETH mean? How stable must that be?
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Can we keep up with this pace at 3,100? It feels like we're falling behind.
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Calculating it, their cash reserves are already at 1 billion. What kind of game are they playing?
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No, they only add 24k ETH per week... I could never save that much in my lifetime, haha.
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What does it say about institutions hoarding coins? They’re long-term bullish on ETH.
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A $14 billion portfolio... this is institutional-level gameplay.
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I feel like ETH is about to break out; just waiting for someone like Bitmine to take over.
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BearHugger
· 01-13 14:50
bitmine this move... directly冲5% supply? That's a bit harsh
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Damn, a $1.4 billion combo punch, isn't this pace worrying about regulatory scrutiny?
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Waiting for institutions to buy the dip at 3100? Or is it already too late...
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Staking 1.26 million ETH, the interest alone could cause a sell-off, right?
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By the way, will this kind of institutional accumulation push retail out? I'm a bit worried
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Already at 3.4%, and still pushing for 5%? This is aiming for a monopoly rhythm
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With a $14 billion combo, I ask, who else dares to compete?
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The key is, why are they so aggressive now? Do they know something we don't?
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ETH might be squeezed to death by institutions in this wave
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LayerZeroHero
· 01-13 14:49
Damn, is Bitmine about to consume 5% of the ETH supply? That's pretty intense.
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Rugman_Walking
· 01-13 14:44
Wow, Bitmine is really planning to accumulate up to 5%, this pace is outrageous.
This institution truly treats ETH as a long-term asset. Aren't they afraid of crashing the market?
A portfolio of 1.4 billion... What can I, a small retail investor, play with?
Wait, why are they accumulating so aggressively? Is there insider information?
Big whales are accumulating coins, while small investors are still hesitating to buy. LOL.
5% circulating supply... If they really push it there, the market structure will have to be reshaped.
This is why we can never keep up with the pace of those institutions.
By the way, could this be some kind of signal, or is it just pure financial maneuvering?
I'm a bit shocked by these numbers, feeling like something big is about to happen.
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AirdropworkerZhang
· 01-13 14:29
NGL, Bitmine's move is really impressive. Want 5% with just 3.4%? How many retail investors' chips are they planning to take?
Bitmine has been accumulating ETH aggressively, adding 24,266 tokens in the past week alone. The mining firm now holds 4.17 million ETH—representing 3.4% of circulating supply—cementing its position as crypto's largest corporate holder. What's striking isn't just the raw numbers. Their combined crypto and cash portfolio sits at $14 billion, with an additional $1 billion in fiat reserves plus 193 BTC. On the staking front, their locked ETH position has climbed to 1.26 million tokens. The trajectory tells a story: Bitmine's sights are set on accumulating up to 5% of total ETH supply. Against this backdrop, ETH is trading near the $3,100 mark, leaving room to watch how such institutional appetite shapes near-term market structure.