The 5% ETH Supply Bomb Is Being Built Right Now
BitMine just dropped another $199 million on
$ETH in two rapid-fire buys, bringing their total treasury to a staggering $11.3 billion. This is not a random purchase; this entity now holds 3.08% of the entire circulating supply and has stated its long-term mission is reaching 5%.
The real story is the institutional divergence. While corporate Ethereum inflows have collapsed 81% and institutional desks remain overwhelmingly bearish, this whale is doing the exact opposite. They added 679,000 ETH last month alone, ignoring the outflows from spot ETFs and the increase in short exposure.
This is pure fundamental accumulation, backed by deep cash reserves, signaling massive conviction in future scarcity. The market is currently ignoring the immense supply drain happening beneath the surface, but when a single corporate entity targets 5% of a major asset, it changes the entire supply-demand equilibrium for
$ETH .Not financial advice. Do your own research.
#Ethereum #Macro #SupplyShock #Crypto #Whale 🧠