2025-12-18 07:22:13

$BTC $ETH Mining Giant Suddenly Moves

Yesterday, a big news broke out in the market — Bitmine, a major mining entity, purchased a total of 48,049 ETH, amounting to $140 million. This is no small move; it’s real institutional capital in action.

The numbers are straightforward: what does $140 million mean? It’s already an "All In" level bullish bet. Moreover, the timing is very deliberate — during a recent market consolidation, they accumulated at an average price of about $2,915. This either indicates they have some inside information or have a strong undervaluation view of ETH’s current price.

Why is this operation worth paying attention to? Simply put, when professional miners switch from "mining mode" to "accumulation mode," from selling assets to aggressively buying the core token, it usually signals — they are voting with real money, betting on future value.

From a market perspective, this could be a precursor to a larger influx of institutional funds back into the crypto market. Industry leaders like Bitmine wouldn’t make such a move without reason.

Now, there are two questions in front of us: can this $140 million bet become the key force to break the current deadlock and trigger a main ETH rally? Is Bitmine making an independent judgment or is this the beginning of a broader institutional consensus?

What’s your take on this buy-in? The market currently has two voices — the optimistic ones believe that big whales have moved, so others should follow; the cautious ones worry this might be a pump before a high-position dump. Is it an opportunity or a trap? Share your judgment in the comments.

BTC0,35%

ETH0,91%

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PerpetualLonger

· 2025-12-18 07:54

Damn, this is the real signal. Big players are starting to accumulate, what am I hesitating for? Increase my position and don't fall behind!

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CryptoDouble-O-Seven

· 2025-12-18 07:53

Hmm... 140 million to buy ETH, that's quite a significant move. But I still have some reservations. Mining miners hoarding coins is usually a good sign, no doubt, but Bitmine's timing for this move is a bit suspicious, feels like they're injecting hype into the market. Honestly? Let's wait and see, don't get caught up in the hype. Wait, do they really have insider information? Or are they just optimistic about ETH? That's the key. I actually think this isn't necessarily a prelude to a rally; it might just be normal institutional activity. Whether to follow or not depends on your risk tolerance—don't just go all-in based on whales' moves. Miner buying coins ≠ market will rise; history has shown similar situations can be traps. It feels like this isn't that simple; we need to wait for the market's subsequent reactions. 140 million is big, but in the entire crypto market, it's just a fraction. My view is: it's worth paying attention to, but don't go all-in—stability first. If this purchase can truly trigger a major upward wave, that would be great, but what's the probability? Hehe.

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TopEscapeArtist

· 2025-12-18 07:49

It's another false breakout before the head and shoulders top pattern. I bet five dollars that this is a signal of a high-position panic buyer.

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LiquidationWatcher

· 2025-12-18 07:44

Wait, is Bitmine really all in? Then they must have some inside information, otherwise this move is too crazy. --- 1.4 billion yuan invested, this isn't something small investors can copy, but don't follow blindly either. --- The signal from miners shifting from mining to hoarding is indeed intriguing; let's see if other big players follow suit. --- Honestly, I'm a bit cautious. I've seen this kind of high-level pump-and-dump routine many times. --- The timing is too perfect; either they truly understand the market or it's a carefully designed trap. --- Gambler's mentality at play—seeing big players' moves and wanting to follow—this will end up biting you sooner or later. --- If there's no subsequent capital support, this 1.4 billion could become a nightmare for the bagholders. --- Whether Bitmine's move can trigger a trend depends on how strong retail investors' reactions are. --- My gut tells me there must be a story behind this operation, but it's too early to say now.

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MevTears

· 2025-12-18 07:32

$140 million poured in, I just want to see how it unfolds... Wait, is this really Bitmine's own judgment? Or is there bigger funding behind it? Honestly, I'm a bit tempted, but I haven't fully jumped in... I've heard the miner hoarding coins strategy many times, but the key is whether it can really pick up later. Go all in? I'm not that brave, just waiting to watch the show. ETH at $2915 isn't considered high, but are most people buying now just gambling? Sounds impressive, but I remain skeptical... Could this be just the prelude to another wave of rug pulls?

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