#BitMineAcquires20,000ETH 🏦 BitMine Acquires 20,000 ETH — Institutional Accumulation in Action
BitMine has reportedly acquired 20,000 ETH, signaling a major institutional accumulation move in the Ethereum market. Such purchases reflect confidence in ETH’s long-term fundamentals, network upgrades, and Layer-2 adoption.
1️⃣ Market Context
Scale of purchase: 20,000 ETH represents a substantial inflow into institutional wallets, but remains manageable relative to total circulating supply.
Strategic accumulation: Indicates selective buying at key support zones rather than speculative panic.
Timin