$ETH
🚨🔞 BitMine Immersion Technologies just scooped up 40,302 ETH tokens in a single move 🚨
That brings their total stack to 4,243,338 ETH (worth over $12.3B at current prices) ✴️
Lemme put that in perspective ⬇️↩️
One entity now controls 3.52% of Ethereum's entire circulating supply ⚡️
And they’re not just letting it sit idle 📢
BitMine has over 2M ETH tokens staked, generating $180M in annualized rewards 😱
Meaning they're not just playing the ‘buy n’ hold’ game, but compounding at scale 📢
Which is all well and good for BitMine 😱
But what does it mean for us as ETH holders? ⚡️📢
Simple: Sustained buying pressure of this size creates a floor ↩️
It's exactly this kind of institutional accumulation that keeps ETH in its ascending channel ⚡️
And more importantly, it's what helps to pull price back into that channel when macro shocks temporarily push it out ↩️
(See 2025 tariff shock) ↩️
Save this ⚡️
'Cause while the headlines try to muddy your view of things, this chart will tell the real story 👀
🚸 Warning 🚸 I do not provide financial advice 🔞The intent of this content is for you to be aware of market conditions before starting to invest 👌Thank you for reading 👌