Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion of ETH
Leading Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases as it approaches its 5% supply goal.
With BitMine potentially slowing its ETH purchases, there may be reduced buying pressure on Ethereum, leading to a bearish sentiment in the short term. Prices could experience downward pressure as market participants react to the news.
Leading Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases as it approaches its 5% supply goal.
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