💥💥💥💥One hour ago:

om Lee (I guess it could be Tom Lee, that crypto big shot from Fundstrat?) made a big purchase of over 100,000 ETH, worth several hundred million dollars. Then, BitMine Immersion Technologies currently holds about 3.97 million ETH, which accounts for about 3.2% of the total ETH supply — there are only a little over 120 million ETH in total, this is really a huge move, equivalent to them controlling a large piece of the Ethereum pie.

The impact on the crypto industry is profound? First, this could boost market confidence. Why? Because a well-known person or institution like om Lee buying a lot of ETH indicates they are optimistic about Ethereum's future, possibly betting that the price of ETH will rise, or looking forward to its technological upgrades (like Ethereum's Layer 2 expansion, etc.). This will attract more retail and institutional investors to follow suit and buy in, pushing up the ETH price and possibly revitalizing the entire crypto market —

You know, the crypto space is highly emotional, a big piece of news can trigger FOMO. Secondly, BitMine holding so much ETH means that mining or immersion cooling technology companies (the name sounds like they are dealing with mining machines) are stockpiling coins, which may imply that the industry is shifting towards holding currency rather than simply mining and selling coins.

Why is this important? Because after ETH transitions to PoS (Proof of Stake), holding a large amount of ETH allows participation in staking to earn returns and also influences network governance. If they hold 3.2%, they will have a say in voting or network security. This is a double-edged sword for the industry: on one hand, it promotes institutionalization, making crypto more mature and stable; on the other hand, if a few large holders control too much, it could trigger concerns about decentralization, and regulatory bodies (like the SEC) might intervene, increasing compliance pressure.

In summary, this shows that the crypto industry is shifting from wild growth to institutional dominance, why? Because the economic environment (such as interest rate policies in 2025 or global inflation) is allowing big players to see the potential of ETH as an asset, coupled with the booming Ethereum ecosystem (like DeFi, NFTs) attracting capital inflows, which is also beneficial for retail investors or 'dumb money' players. Wishing all the young people a smooth sailing in 2026, making thousands of US dollars daily #巨鲸动向