#以太坊投资机会 BitMine increased its holdings by 102,000 ETH last week, bringing the total to 3,967,000 ETH, close to 4% of Ethereum's total supply—this data is worth noting.

On-chain signals indicate that institutions continue to accumulate rather than reduce their holdings, suggesting a clear capital direction. Tom Lee's statement that "the market has begun to recover from the October shock" is not merely an emotional judgment but is supported by the fact that BitMine's accumulation pace is accelerating. More importantly, they claim they will never sell these ETH and plan to stake them to generate an average daily income of one million dollars—such long-term holding statements usually reflect institutional confidence in the asset's value and a relatively certain outlook on future policy environments (especially the regulatory improvements expected in 2025).

In terms of capital flow, the continuous increase in large holdings combined with ample cash reserves (1 billion USD) indicates that institutions are optimizing asset allocation rather than being forced to reduce their positions. This aligns with the recent relatively stable performance of ETH in the market—periods of price stability are actually windows for institutional deployment.

However, it is important to note that such positive statements can also become short-term price game points. The key is to observe on-chain transfers and exchange fund flows in the coming weeks to determine whether this accumulation trend can be sustained.