Bitmine has recently staked another 86,400 ETH, bringing the total locked-up amount to over 1.05 million ETH, equivalent to approximately $32.5 billion. What does this move signify? Major players are continuously accumulating from the secondary market, gradually tightening the circulating supply.

While most people are still focusing on mainstream assets like Ethereum and Bitcoin, some keen investors have already begun to strategically position themselves in other sectors—especially projects with high ecological relevance. This misaligned perception often creates the next market opportunity.

The reduction in circulating supply combined with the ongoing accumulation by whales may serve as a support for the price. But the more important question is: what will be the next narrative capable of truly igniting the market? It’s worth us contemplating in advance.