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BitMine's latest ETH purchase brings its holdings to 𝟱.𝟵𝟲𝗠 𝗘𝗧𝗛 — roughly 4.9% of Ethereum's total supply — with 𝟴𝟱% 𝘀𝘁𝗮𝗸𝗲𝗱 and locked out of active circulation. The company is 98% of the way to its 5% accumulation target, with total holdings valued at $15.8B. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A single corporate entity controlling nearly 5% of ETH supply with 85% staked creates structural supply pressure that intensifies with every purchase. The staking lock-up removes liquid ETH from circulation, compounding the squeeze as BitMine approaches its 5% target. Traders should watch whether accumulation and staking accelerate — each tranche tightens available float. For ETH, this supply lock-up aligns with divergent ETF flows showing BTC outflows against an ETH inflow streak, reinforcing relative strength. The concentration risk cuts both ways: staking supports price structurally, but a forced unwind would amplify downside. https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-96-million-tokens-and-total-crypto-and-total-cash-holdings-of-15-8-billion-302877149.html Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2498

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오늘 2026-11-06
02:11

Hyperliquid's daily priority fee revenue reached a record high of $510,000.

02:11

Jeff Park: Anthropic has a balance sheet mismatch and faces the risk of failure.

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The Paraguayan president resigned due to the collapse of Ueno Bank; USDT traded at a 13% premium in the local P2P market.

01:59

Latin American stablecoin financial platform Takenos completes $7 million seed round follow-on funding.

01:58

BBX: "The Massive Retreat from Spot Trading in the AI Era" and "The Fair Value Magic of Mining Companies' Financial Statements"—Keel Sells 2,520 BTC, Core Scientific Gains 1.1 Billion in Net Profit