It is not conviction, it is obsession. Lee will fall on his nose and lose all his money

🚨 Market Dip? BitMine Is Buying Big.

While fear spreads across the market, BitMine Immersion is doubling down on Ethereum. The firm added $98 million worth of ETH last week, bringing its total holdings to 4.42 million ETH — approximately 3.66% of Ethereum’s total supply.

That’s not a small bet. That’s conviction. 💎

Despite reported losses ballooning beyond $8 billion, Tom Lee’s Ethereum-focused strategy appears clear: accumulate during weakness and position for long-term upside. This kind of aggressive accumulation during downturns often signals strong belief in the underlying fundamentals of the network.

Let’s break this down:

🔹 4.42M ETH is a massive treasury position
🔹 3.66% of total supply means serious influence
🔹 Buying into volatility shows long-term confidence
🔹 Institutional conviction remains strong despite short-term pain

Ethereum continues to dominate in DeFi, staking, tokenization, and Layer-2 scaling adoption. Large players stacking ETH during corrections historically precedes major recovery phases.

The big question:
Is this smart accumulation before the next cycle — or catching a falling knife?

One thing is clear — institutions aren’t sitting on the sidelines. They’re positioning.

📊 Are you accumulating ETH here or waiting for lower levels?

#Ethereum #ETH #CryptoNews #SmartMoney #Web3 🚀

{spot}(ETHUSDT)