🚨 BitMine Goes All-In on Ethereum — $199M Bought in 48 Hours! 🚀
Gaanga Crypto – Quick Market Breakdown
BitMine Immersion Technologies has shocked the crypto market by buying $199 million worth of ETH in just two days, pushing their total Ethereum holdings to $11.3 billion — now owning 3.08% of all circulating ETH.
And their goal?
➡️ Control 5% of the entire Ethereum supply.
They’re now closer than ever.
🔥 Why This Move Matters
While institutions are slowing down ETH buying, BitMine is speeding up:
Corporate ETH purchases have dropped 81% in 3 months
ETH ETF outflows are rising
Smart money has opened $2.8M in new short positions
But BitMine is doing the opposite — accumulating aggressively.
📈 BitMine’s Strategy
Buying during market fear
Belief in Ethereum’s long-term future in DeFi, tokenization, AI-finance, and staking
Holding $882M cash reserves ready for more accumulation
In the last month alone, BitMine purchased 679,000 ETH worth $2.13B — dominating the entire corporate ETH market.
🧠 What This Means for ETH
If BitMine reaches its 5% target:
Huge impact on ETH liquidity
Major influence on staking dynamics
Unprecedented corporate control of Ethereum supply
Whether the market agrees or not, BitMine is shaping the future of ETH.
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🔍 Final Take – Gaanga Crypto View
While traders are shorting ETH and ETFs are bleeding, BitMine is making one of the boldest Ethereum accumulation plays in history.
Sometimes…
➡️ The biggest winners are the ones who buy when everyone else hesitates.
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✅ Real-time on-chain analysis
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#Ethereum #ETH #CryptoNews #BitMine200亿美元购买比特币和以太坊 #GaangaCrypto
