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OMG, you can see BitMine adding 10,452 ETH to its treasury. Oppssss this purchase is worth 24 million dollars. Ha ha ha ha the company just keeps buying every single week.

This is a treasury strategy, meaning a company holds crypto on its balance sheet. BitMine started this plan in June 2025. Tom Lee is the chairman. The firm now holds about 6.05 million ETH. This makes it the largest Ethereum treasury company in the world.

You might wonder what this means for your own portfolio. A large buyer can affect market sentiment. However, you should also note the pace. The company bought 15,112 ETH in early October. It bought 12,532 ETH on October 12. The weekly purchase size is getting smaller as it gets closer to its target.

Analysts are watching this trend. If the company stops buying, it could change market dynamics. If it continues at a slower pace, the impact may be more limited. Both directions are possible. The key signal is the official weekly disclosure.

What is your main focus right now, the buying pace or the total holdings. I am holding my positions and watching the market.

👉This is not financial advice. #BitMine #ETH

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$ETH #CanETHStabilizeAfterThePullback

Ethereum is trading at 2,325.69 dollars. The asset is down 0.36 percent in the last 24 hours. It moved between a high of 2,365.19 dollars and a low of 2,293.12 dollars. This comes after a recent peak of 2,807.02 dollars. Over the past 30 days, the price has dropped 13.12 percent.

A pullback means the price falls after a period of growth. The 90 days data shows Ethereum is still up 21.23 percent. However, the current 24 hour turnover is 175.60 million dollars with a volume of 75.40 thousand ETH. This shows trading activity continues as the market tests support. Support is a price level where buyers often step in.

For you, these numbers show that the market is repricing risk. Short term movements like this 13.12 percent monthly drop can feel stressful. It is important to look at the bigger picture and the actual trading volume. Volume helps you see if a price move has strong participation.

Markets are watching to see if this correction is over. Analysts look at trading volume, price support, and capital flows. If volume increases near current levels, it may suggest stabilization. If selling pressure continues, the price may test lower levels. Both directions remain possible as the market decides.

What matters more to you right now, price support, trading volume, or capital flows. 🧐
👉This is not financial advice.
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
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PrinceMagsi786
an hour ago
$84K next? 👀
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PrinceMagsi786
an hour ago
Here for the updates 🙌
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BluSewenCommunity_
2 hours ago
Is this bounce for real?
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BluSewenCommunity_
2 hours ago
$84K next? 👀
0
BluSewenCommunity_
2 hours ago
Here for the updates 🙌
0
MamonTrader
3 hours ago
First Review
$84K next? 👀
0