BitMine Immersion, under Tom Lee, currently holds an amount of ETH that has reached 3% of the total supply of Ethereum. This holdings ratio is quite astonishing, meaning a single institution controls such a large share of the circulating ETH.

This level of concentration may have a significant impact on the market liquidity and price trends of ETH. When large institutions have such a high percentage of holdings, any action they take—whether it's increasing, decreasing, or adjusting staking strategies—could trigger a chain reaction in the market.

It is worth noting that these institutional-level coin accumulation behaviors usually reflect a strong confidence in the long-term value of the asset. However, an overly concentrated holdings structure may also bring potential market risks.

ETH8.86%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

MetaverseHobo

· 13h ago

3% is really exaggerated, Large Investors can just smash it whenever they want. --- Coin Hoarding = optimistic? I think it’s more like gambling that ETH can still rise, the risk is still quite high. --- That’s why I don’t dare to take a Heavy Position, when institutions move, everyone follows. --- Tom Lee is causing a stir again, he’s already seen the signs. --- A single institution controls 3%, what’s the point for retail investors? --- To put it bluntly, it’s just waiting to Be Played for Suckers. With such a high concentration, how can there be no risk?

View OriginalReply0

PriceOracleFairy

· 23h ago

3% of eth supply in one wallet? that's not bullish, that's basically a liquidity black hole waiting to happen lol

Reply0

AirdropFreedom

· 23h ago

3%? Dude, that's really not a small amount, it feels like the pricing power of ETH is about to be taken away by half. --- Honestly, I'm a bit panicked. With an institution holding so many coins, who can withstand a sell-off when they decide to reduce their holdings? --- Is Tom Lee's operation genuinely optimistic or is he just hoarding for fun? I can't figure it out. --- Once the stake strategy is adjusted, the whole market shakes along with it. That's why I never go all in on a single coin. --- This level of concentration is indeed a double-edged sword. It looks like institutions are full of confidence, but the risks are real.

View OriginalReply0

LiquidityWitch

· 23h ago

3% of eth supply in one wallet? that's not conviction, that's a summoning circle waiting to collapse lmao

Reply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
235.87K Popularity
#DecemberMarketOutlook
32.24K Popularity
#GIGGLEAndPIPPINSurge
5.35K Popularity
#LINKETFToLaunch
5.25K Popularity
#SharingMy100xToken
4.81K Popularity

Hot Gate FunView More

1
MANMi Airdrop
MC:$3.53KHolders:1
0.00%
2
PIKACHUSuprised Pikachu
MC:$3.57KHolders:1
0.29%
3
DF61DF61
MC:$3.52KHolders:1
0.00%
4
DLHDr Lin Han
MC:$3.58KHolders:1
0.31%
5
BTCcBTCc
MC:$3.48KHolders:1
0.00%

Sitemap