Haciyev Reşit 
Institutional Ethereum investments continue at full pace, and BitMine drew market attention with a large-scale purchase made last week. The company announced that it acquired 41,788 Ethereum (ETH) at average market prices. The total value of the purchase was reported to be approximately $96.9 million. The fact that this transaction was executed during a period of short-term volatility in Ethereum prices indicates that BitMine is pursuing its long-term investment strategy independently of short-term market conditions.
BitMine’s Ethereum Accumulation Is Growing
With this latest purchase, BitMine’s total Ethereum holdings have reached 4.285 million ETH. According to current data, this amount corresponds to roughly 3.6% of Ethereum’s total supply. Holding such a significant ETH position makes BitMine one of the largest institutional Ethereum holders globally and also highlights the increasing concentration of institutional ownership in the market. Experts emphasize that acquisitions on this scale send a strong signal of confidence in the Ethereum ecosystem and demonstrate that institutional interest continues to grow steadily. In the long term, this could have more pronounced and lasting effects on Ethereum’s market structure, liquidity balance, and supply-demand dynamics.
BitMine’s aggressive Ethereum accumulation strategy is viewed by market analysts as a strong indicator of institutional confidence. Despite price volatility, the company’s continued accumulation shows that it considers ETH not merely as a short-term investment instrument, but as a long-term strategic asset. This approach clearly reflects BitMine’s long-term belief in the Ethereum ecosystem.
According to analysts, while such large-scale institutional purchases may have a limited impact on prices in the short term, they are critically important in the long run due to the reduction in circulating supply, tightening liquidity, and increasing institutional ownership. These factors are expected to contribute to Ethereum gradually evolving into a more institutionalized and stable market.
Large-Scale Purchases Continue
Recent statements from BitMine indicate that the company’s Ethereum accumulation strategy will continue. Ongoing large-scale purchases are seen as an important signal for those closely monitoring supply-demand dynamics and institutional investor behavior in the Ethereum market. BitMine’s latest acquisition of 41,788 ETH clearly demonstrates how strong institutional demand for Ethereum has become. Reaching 3.6% of the total supply suggests that institutional influence in the Ethereum market could become even more pronounced in the period ahead.
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