Bitmine recently staked another 86,400 ETH, with cumulative locked-in assets now exceeding 1.05 million ETH, equivalent to approximately $3.25 billion. What does this move signify? Major holders are continuously absorbing tokens from the secondary market, and the circulating supply is being progressively tightened.
While most people are watching mainstream assets like Ethereum and Bitcoin, some sharp-eyed funds have already begun positioning themselves early in other tracks—especially projects with high ecosystem correlation. This kind of misaligned perception often creates the next market opportunity.
The decrease in circulating supply combined with sustained accumulation by whales may serve as support for token prices. But the more important question is: what will be the next narrative that truly ignites the market? It's worth thinking ahead about.
Bitmine recently staked another 86,400 ETH, with cumulative locked-in assets now exceeding 1.05 million ETH, equivalent to approximately $3.25 billion. What does this move signify? Major holders are continuously absorbing tokens from the secondary market, and the circulating supply is being progressively tightened.
While most people are watching mainstream assets like Ethereum and Bitcoin, some sharp-eyed funds have already begun positioning themselves early in other tracks—especially projects with high ecosystem correlation. This kind of misaligned perception often creates the next market opportunity.
The decrease in circulating supply combined with sustained accumulation by whales may serve as support for token prices. But the more important question is: what will be the next narrative that truly ignites the market? It's worth thinking ahead about.