💥The ultimate Holder has emerged! This company announces it will never sell its 4% of Ethereum
Can you believe it? A company has just announced that it holds 4% of the total supply of Ethereum and has committed to never selling it.
Tom Lee, the chairman of Ethereum treasury company BitMine, disclosed this news. More surprisingly, he stated that if these ETH are staked, they will generate over $1 million in net income daily.
This conveys several significant signals:
1. Institutional holdings have entered a "strategic level": capital is no longer just for short-term trading, but core crypto assets are viewed as long-term strategic assets capable of generating substantial cash flow, and are permanently locked.
2. Strengthening Ethereum's financial attributes: Massive staking rewards clearly showcase Ethereum's mature status as a "productive digital asset."
3. Impacting market structure: Such a large circulating supply being permanently locked essentially reduces market selling pressure, which may have far-reaching effects on long-term supply and demand.
When a "never-sell" cornerstone holder appears, it itself is a deep signal that is more worthy of attention than short-term prices.
