Bitmine Buys 27,562 ETH as Tom Lee Says Bull Market Is Underway

Crypto Insight Summary: Bitmine Immersion Technologies has quietly accumulated nearly 6 million ETH, giving one public company control of roughly 4.9% of all ether in circulation. Its $16.1 billion ethereum pile is now just 121,000 ETH shy of Chairman Tom Lee’s “Alchemy of 5%” target. Records show that Bitmine has bought ETH every single week since June 30, […] Crypto Insight Analysis: Direction: Bullish ETH Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Large institutional accumulation signals strong long-term confidence in ETH.