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Breaking major news: Bitmine purchases $236 million worth of Ethereum!
Currently, over 39 million ETH are staked and locked, leaving few tokens available for sale on the market.
Adding to that, Bitmine directly made a large purchase of $236 million worth of ETH, with institutions aggressively accumulating at low prices and locking in holdings.
Plus, Ethereum's built-in deflationary burn mechanism continuously reduces the total token supply.
Multiple positive factors stacking up, the selling pressure from active dumpers in the market has significantly decreased, and the downward momentum is weakening. The bottom support is becoming more solid, and the market fluctuation is just building up strength for a bottoming process. No need to blindly panic or cut losses anymore; stay patient and steady, as the turning point and rebound will arrive soon. ✨$ETH #WCTC交易王PK #加密市场普遍上涨 #白宫记协晚宴发生枪击事件 #伊朗提出霍尔木兹海峡重开协议条件 #原油价格上涨