Ethereum Supply Shock? BitMine Absorbs 319,000 ETH In A Week

Ethereum Supply Shock? BitMine Absorbs 319,000 ETH In A Week

BitMine Immersion has reportedly accumulated a staggering 319,000 ETH in just a single week. The massive purchase, worth over a billion dollars, underscores growing conviction in Ethereum’s long-term value among institutions and big players, tightening market liquidity. Could This Trigger An Ethereum Supply Crunch? In a move that highlights the growing institutional confidence in Ethereum, Paul Barron has mentioned on X that BitMine Immersion has just absorbed 319,000 ETH in a single week, which is equivalent to 0.26% of Ethereum’s total supply removed from circulation. Related....


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Bitmine’s Ethereum Appetite Grows With Fresh $70 Million Buy

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Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Eth...

BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply. Related Reading: Ethereum Floods Exchanges As Bitcoin Remains […]

Bitcoin and Ethereum Exchange Reserves Continue To Plummet, As Supply Shock T...

Data shows Bitcoin and Ethereum exchange reserves continue their downtrend as the supply shock tightens its grip. Bitcoin And Ethereum Exchange Reserves Trend Downwards As pointed out by a crypto trader in a tweet, both Bitcoin and Ethereum continue to experience a decline in their exchange reserves. The exchange reserve of an asset is an […]

Ethereum, Acquisti Aggressivi da Bitmine – Ecco Quanto Ha Comprato Questo Mese

Il mercato più ampio delle criptovalute è tornato a vivere, con Ethereum che risale nuovamente sopra la soglia dei 4.600 $ dopo un rinnovato movimento rialzista. Durante questo periodo di crescita, Bitmine Immersion ha effettuato un’impressionante campagna di acquisti, acquisendo migliaia di ETH nel solo mese di settembre. La campagna di acquisti inarrestabile di Bitmine […]