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BitMine purchased $๐Ÿณ๐Ÿต๐—  of ETH over the past week โ€” its largest weekly buy in over six weeks, bringing total holdings to $๐Ÿญ๐Ÿฐ.๐Ÿณ๐Ÿฎ๐—• (~4.85% of Ethereum's supply). Average cost basis near $3,400, with 87% of holdings staked. ๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: The acceleration is the signal โ€” not routine DCA but intensifying conviction as ETH recovers. The $3.4B weekly narrowing of unrealized losses (from $8.5B to $5.08B) eases near-term forced-sell risk, but that $5B+ overhang remains the key tail risk. Any ETH pullback toward the $3,400 cost basis puts pressure on the largest corporate ETH holder's P&L. With 87% of supply staked and locked, the structural long is reinforced โ€” but watch ETH price relative to $3,400 and whether BitMine's buy pace keeps accelerating. Verify on-chain: https://arkm.com/explorer/entity/bitmine source: EmberCN Track real-time signals & trade โ†’ https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2153(Hupzy (Spot On Chain))

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