Supply Shock in Progress as BitMine Ups its Control of $ETH to 3.48% .

BitMine now holds over 4.2 million ETH, more than 3.48% of the entire circulating supply. Its total crypto and cash holdings eclipse $14.5 billion.

Last week alone, it staked an additional 581,920 ETH ($1.9B), signaling a massive, aggressive commitment to the network's security and long-term value.

With shareholder mandates secured, this isn't just accumulation; it's a calculated move to dominate the ETH landscape. The institutional supply squeeze is no longer a theory, but on-chain reality.