71,524 ETH JUST GOT PULLED OFF THE MARKET IN A SINGLE PURCHASE AND NOBODY BLINKED.



Bitmine. 4.87 million ETH. 4.04% of total Ethereum supply. One company.

They just uplisted to the NYSE. They're running a $4 billion buyback program. And they're accumulating ETH at a pace that would make MicroStrategy's Bitcoin strategy look conservative.

ETH staking is at an all-time high. Exchange reserves are draining. And now a publicly traded company is absorbing 4% of the entire supply.

When you combine record staking, declining exchange balances, and a single corporate buyer taking millions of ETH off the market, the supply equation gets very simple very fast.

Less available ETH. More demand. The rest is math.
ETH2,24%
BTC2,83%
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