Bitmine now owns 3.63 million ETH worth roughly $12.7 billion
This is a huge amount of Ethereum controlled by a single entity On one hand it provides strong liquidity and infrastructure for major players On the other it could create selling pressure if they ever decide to offload some
Either way it shows one thing clearly Large investors are still heavily invested in ETH despite all the market ups and downs$ETH
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Bitmine now owns 3.63 million ETH worth roughly $12.7 billion
This is a huge amount of Ethereum controlled by a single entity On one hand it provides strong liquidity and infrastructure for major players On the other it could create selling pressure if they ever decide to offload some
Either way it shows one thing clearly Large investors are still heavily invested in ETH despite all the market ups and downs$ETH