BitMine Immersion Technologies just yanked over $1 billion in ETH off the market in a 48-hour feeding frenzy, locking up 342,560 coins and putting even more pressure on Ethereum’s already tight liquid supply. With the staking entry queue swelling and corporate whales piling in, ETH is fast heading for a serious squeeze—not some distant risk, but a data-driven reality unfolding now. As nearly one-third of all Ether is trapped in validators and the burn keeps nibbling away, even a slight bump in demand could light a fire under prices stuck just below $3,000. This isn’t a dry treasury conference: it’s whales killing off the supply, starving the market, and prepping the stage for classic volatility.
Continue to read BitMine Gorges on $1B ETH—Is Ethereum’s Spring-Loaded Supply Ready to Explode?
BitMine Immersion Technologies just yanked over $1 billion in ETH off the market in a 48-hour feeding frenzy, locking up 342,560 coins and putting even more pressure on Ethereum’s already tight liquid supply. With the staking entry queue swelling and corporate whales piling in, ETH is fast heading for a serious squeeze—not some distant risk, but a data-driven reality unfolding now. As nearly one-third of all Ether is trapped in validators and the burn keeps nibbling away, even a slight bump in demand could light a fire under prices stuck just below $3,000. This isn’t a dry treasury conference: it’s whales killing off the supply, starving the market, and prepping the stage for classic volatility.
Continue to read BitMine Gorges on $1B ETH—Is Ethereum’s Spring-Loaded Supply Ready to Explode?
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