Key Insights:
BitMine increased its Ethereum stash today with an additional 20,000 ETH coins in the latest breaking news.
On-chain data from Lookonchain showed Tom Lee’s Nasdaq-listed BitMine picked up roughly $39.8 million of ETH from BitGo.
Analyst Ted Pillows said liquidity clusters still look evenly matched, with both long and short traders leaning in hard.
BitMine increased its Ethereum stash today, adding 20,000 coins as staking hit a major new threshold for supply. The move underscored the company’s broader goal of building a position equal to 5% of Ethereum’s total supply.
At the same time, on-chain data showed staking contracts tightening their grip on circulation, with more than half of all issued ETH coins now locked up. That backdrop makes BitMine’s steady accumulation look less like a one-off purchase and more like a deliberate bet on a market where liquid supply keeps shrinking.
Breaking News: BitMine Doubles Down on Ethereum Accumulation with 20K E
We współpracy z: https://www.thecoinrepublic.com/2026/02/18/bitmine-accumulates-20000-eth-while-staking-share-hits-new-high/
