BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears

Crypto Insight Summary: Tom Lee said BitMine will not accumulate Ether past 5% of the supply, turning the company’s target into a ceiling. Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: BitMine's 5% cap may deter institutional inflows, creating short-term selling pressure.