Bitmine's 12,532 ETH buy puts it 99% of the way to owning 5% of ether

Crypto Insight Summary: Bitmine bought 12,532 ETH last week, lifting its treasury to 6,028,946 tokens and leaving it about 76,000 ETH short of owning 5% of ether's supply. Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large ETH purchase by Bitmine signals institutional demand.