🚨 $ETH Supply Shock Alert
Bitmine just absorbed 71,524 Ethereum ($157M) in one week.
Total holdings: ~4.87M ETH → ~4.04% of supply locked.
Why it matters:
• Institutional conviction at scale
• Supply removed from circulation
• Ongoing accumulation = structural scarcity
This isn’t a trade — it’s a strategy.
Verdict: supply squeeze building. Bullish bias.