Positive or negative?


The foundation selling coins is a rigid and necessary demand (approximately $100 million in annual operating expenses, including salaries, R&D, and ecological funding, all need fiat currency), which belongs to "passive continuous selling pressure"; while BitMine is an institution actively holding coins long-term, after taking over, over 70% of the chips will be pledged and locked, holding long-term to generate income, completely eliminating this portion of circulating selling pressure, and instead reducing market liquidity supply.
The conclusion is: "Chips that must be sold" are transferred to "Chips that won't be sold," which optimizes the market chip structure and is a positive signal. $ETH
ETH0.37%
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