Bitmine's ETH Holdings Surge Past 4 Million: What This Means for the Market
Major institutional movement just hit the radar. Two wallets attributed to Bitmine completed a substantial ETH acquisition—48,049
$ETH valued at approximately $140.6 million.
Here's what the numbers tell us: if this transaction is confirmed, Bitmine's total ETH holdings would climb to 4,015,259 ETH, representing roughly $11.8 billion in value. That's a serious chunk—over 3.3% of the entire ETH supply now under one roof.
To put this in perspective, we're talking about one entity controlling more than one-third of a perc