A major institutional player, BitMine, just added another 40,613 $ETH ($82.85M) to its treasury last week. Their total holdings have now reached a staggering 4.32 million $ETH , valued at over $8.8 billion.
This isn't speculative trading; this is a massive supply shock in the making. By moving this quantity of $ETH into long-term institutional custody and staking, they are actively removing liquidity from the market. Their stated goal, known as the "Alchemy of 5%", is to acquire 5% of the total Ethereum supply.
The Staking Powerhouse 💰
What’s even more impressive is the passive income. BitMine is currently generating $202M a year just from staking rewards. They are effectively becoming the "MicroStrategy of Ethereum," creating a massive floor for the price.
Market Impact 🚀
This level of sustained accumulation from a single entity puts immense pressure on the available float, creating a fundamentally bullish market structure. When supply is this constrained and institutional demand keeps rising, the long-term price trajectory becomes clear.
Verdict: Extremely Bullish.