
Post
Zaks_Tech
Ethereum is quietly getting another institutional story.
Bitmine reportedly added another $68 million of ETH, while its accumulation strategy is moving toward a goal of holding 5% of Ethereum's supply. CoinDesk also reports that the ETH/BTC ratio has been rising alongside institutional interest.
That's more interesting to me than another random ETH price prediction.
Because the question becomes:
Why are large players accumulating ETH ?
Is it simply a trade ?
Or are they increasingly treating Ethereum as infrastructure worth owning exposure to ?
$BTC has the strongest scarcity story.
$ETH has a different argument:
ownership of an ecosystem that people actually build on.
That's the part I'm watching.
#FOMCRateCallThisWeek
#StrategySTRCBuyback139M
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