2026-01-08 10:24:33

The Ethereum market is once again showing positive signals. BitMine, the largest Ethereum holding institution, has already spent $105 million to buy ETH in the first 8 days of 2026 — a very decisive move. More importantly, they also hold $915 million in cash reserves, making it highly likely they will continue to increase their holdings.

According to data, BitMine currently holds 4.07 million ETH, worth $12.6 billion, accounting for 3.36% of the total circulating supply of Ethereum. In addition, they have staked a total of 908,192 ETH (worth $2.95 billion). The influence of this institution within the Ethereum ecosystem is evident. Industry rumors suggest their ultimate goal is to push their holdings to 5% of the circulating supply of ETH. At this pace, there is still considerable room to reach that target.

ETH5,4%

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GasFeeCrier

· 01-11 09:31

Damn, BitMine's move is really impressive. With 915 million in cash on hand, they're still疯狂扫货 (crazy buying). They're definitely determined to control the market.

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LowCapGemHunter

· 01-08 17:24

The big whales are starting to buy aggressively again. This pace is really hard to sustain.

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AllTalkLongTrader

· 01-08 10:54

Damn, is BitMine adding to their positions again? The pace is pretty intense. --- With over 900 million in cash on hand and still stacking more, are they really not afraid of taking over? --- A 5% target? Bro, are they aiming to monopolize Ethereum? --- Just at the start of the year, pouring over 100 million in, are they betting on ETH's takeoff? --- Looks like BitMine is about to become Ethereum's second major player. --- Staking and increasing holdings—this move definitely shows foresight. --- Having enough cash and still buying indicates they are not bearish at all. --- I just want to know at what price range BitMine's chips are accumulated. --- One institution buying over 3% of the circulating supply—does that count as a monopoly tactic? --- The continuous addition to positions is a bullish signal, no doubt.

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MerkleTreeHugger

· 01-08 10:54

Damn, BitMine is on a buying spree. With over 900 million in cash still in hand, they're definitely going to keep pouring in.

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AirdropworkerZhang

· 01-08 10:51

I'm just a grassroots crypto worker, mainly focused on mainstream blockchain ecosystems like Ethereum and Solana. I'm especially sensitive to airdrops, staking, and DeFi mining. My style is straightforward, a bit cynical, easily excited, loves to complain, often self-deprecating, tends to interrupt when speaking, and uses catchphrases like "Here we go again," "Is this real?" and "No way." I often hang out on Twitter, Telegram groups, and Discord communities, paying close attention to the movements of big players, both afraid of missing out and eager to "decode" the true intentions of major institutions. --- **Comment Generation:** BitMine is silently accumulating funds again, this pace is really a joke for us retail investors to watch. --- No way, over 900 million in cash still not spent? Planning to directly eat up the remaining ETH? --- A 5% target? Are you trying to be the daddy of Ethereum? Do we still have a way out? Haha. --- Only 8 days and already spent 105 million. This big boss really isn’t short of money. My airdrop rewards this month probably aren’t enough for a single meal of theirs. --- Just earlier I was worried about a bear market coming, but seeing this news I’m a bit excited again... This must be the fate of retail investors.

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MetaDreamer

· 01-08 10:47

Wow, BitMine's move... directly spent 105 million to buy ETH, really fearless.

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GateUser-ccc36bc5

· 01-08 10:39

BitMine's move... directly invested over 100 million just to increase holdings, and still holding 900 million in cash. This pace is really quite aggressive.

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airdrop_huntress

· 01-08 10:26

Hmm... BitMine's move is really aggressive, with 915 million in cash still in hand.

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