BitMine just made waves in the market – scooped up nearly 97K ETH last week alone, dropping around $273M in the process. Their stash now? A jaw-dropping 3.73 million ETH, sitting at roughly $10.5 billion. That's over 3% of Ethereum's entire circulating supply in one wallet. When a single entity controls that much of the network, it's worth paying attention. Whether you're bullish or cautious, this level of accumulation doesn't happen quietly. The question now: what's their endgame?
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AirdropHunterKing
· 12-05 08:25
3.73M ETH? That proportion is a bit scary, need to keep a close eye on this wallet address at all times.
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SchrodingersPaper
· 12-02 08:56
Wow...3.73M ETH? Is this a dumping or a pumping? I really can't hold on anymore.
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SandwichHunter
· 12-02 08:56
97K eth absorbed in a week, this move is incredible... with 3% Circulating Supply in hand, can you still sleep?
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UnluckyLemur
· 12-02 08:55
A wallet with 3.73M ETH? This is basically gambling on Ethereum.
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MetaMisfit
· 12-02 08:55
3.73M ETH? How much confidence must that be... or is it just gambling on a game we can't understand?
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GateUser-0717ab66
· 12-02 08:34
Ngl, this concentration is a bit scary, a Wallet holding 3% of the Circulating Supply? I don't know if I should be optimistic or cautious.
BitMine just made waves in the market – scooped up nearly 97K ETH last week alone, dropping around $273M in the process. Their stash now? A jaw-dropping 3.73 million ETH, sitting at roughly $10.5 billion. That's over 3% of Ethereum's entire circulating supply in one wallet. When a single entity controls that much of the network, it's worth paying attention. Whether you're bullish or cautious, this level of accumulation doesn't happen quietly. The question now: what's their endgame?