Tom Lee Says Bitmine Will Stop Buying ETH at 5% of Supply

Crypto Insight Summary: Bitmine is approaching the end of one of the largest corporate ethereum accumulation campaigns on record. Chairman Tom Lee says the company will stop buying once it reaches 5% of ETH supply, a ceiling he said was encouraged by Vitalik Buterin. Bitmine Is 100,000 ETH Away From Buying Goal Bitmine’s relentless ethereum buying spree is […] Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large buyer reaching accumulation limit may reduce buying pressure.