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BitMine could hit its 5% Ether supply target within weeks — then what?

Published Source: CoinTelegraphRead original

Crypto Insight Summary: BitMine could reach 5% of Ether’s supply by early November, while Tom Lee has left open whether it would continue buying beyond that level. Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large accumulation by BitMine creates buying pressure on ETH in the short term.

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