Topic: BitMine Now Holds 3 Percent of ETH Is this an early ETH supply squeeze?
*ETH Treasury Wallets Enter "Winter Mode" Even as Whales Keep Accumulating
The chart shared by cornMaxy shows that monthly ETH purchases by treasury companies have dropped sharply.
$ETH in August to From nearly 2 million just 370,000 in November an 81% decline, according to Bitwise.
This slowdown suggests that most treasuries are holding back on new allocations due to liquidity concerns and volatility
Even so, the net supply remains almost stable, indicating this is more about caution than structural selling pressure.Meanwhile, a small group of corporate whales is doing the opposite.BitMine, the largest institutional holder of #ethereum has been accumulating aggressively and is targeting five percent of the entire network supply.Retail and smaller treasuries step back, but the giants see weakness as their entry window.
#Macro Insights #Altcoin #Season
