BitMine ETH +71k to4.8M(3.71%supply)/staking 3.33M $7.1B/FalconX OTC/EF/Grayscale/BlackRock/Tom Lee/Carter vs whales dumps +230k accum(0x049/Maji) + ETH ETFs $120M
Key Questions
What is BitMine's latest Ethereum holding update?
BitMine added 71k ETH (71,252 exactly), totaling 4.8M ETH (3.71% supply) worth billions. Shares surged 7% post-NYSE uplisting announcement.
How much Ethereum is BitMine staking?
BitMine stakes 3.33M ETH valued at $7.1B (at ~$2123/ETH), a key portion of its 4.5M+ total holdings. This locks supply amid market volatility.
What recent ETH ETF inflows occurred?
Ethereum spot ETFs saw $120M net inflows on April 6 per SoSoValue. This supports price recovery above $2100 alongside institutional staking.
How do whales balance ETH supply dynamics?
Whales net +190k ETH accumulation counters dumps from pension funds, 0x338, Maji, 0xB7C, thomasg.eth ($26M sell-off). FalconX OTC aids institutional buys.
What bullish factors from analysts for ETH?
Tom Lee (BitMine) and Carter highlight staking by EF/Grayscale/BlackRock + ETF inflows for targets >2260 to 5700. Supply lock via BitMine favors upside vs. OI spec risks to 1900.
BitMine 4.8M ETH (+71k) + EF/Grayscale/BlackRock staking + $120M ETF inflows + whales +230k (0x049/Maji longs) counter dumps; bullish supply lock >2260 tgt2300-5700 vs 1900 on OI.