BitMine purchased $𝟳𝟵𝗠 of ETH over the past week — its largest weekly buy in over six weeks, bringing total holdings to $𝟭𝟰.𝟳𝟮𝗕 (~4.85% of Ethereum's supply). Average cost basis near $3,400, with 87% of holdings staked. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The acceleration is the signal — 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 — 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 → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2153(Hupzy (Spot On Chain))
