$ETH
💎 Ethereum to $250,000? Price Slides but Bitmine Buys $100M Worth of Tokens
📉 Ethereum slipped amid broader market pressure, reflecting short-term volatility across the crypto sector. Despite the pullback, long-term interest in ETH appears intact as institutional players continue to watch key levels closely.
🏦 Adding confidence to the market, Bitmine revealed a $100 million purchase of Ethereum, signaling strong conviction in the asset’s future potential even during price weakness. Large accumulations like this often suggest strategic, long-term positioning rather than short-term trading.
🚀 While predictions of Ethereum reaching $250,000 remain highly speculative, sustained institutional buying during downturns reinforces the narrative that Ethereum is viewed as critical infrastructure for DeFi, tokenization, and the evolving digital economy.
