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Bitmine Nears 5% ETH Goal: Can Ethereum Price Rally to $3,000?

Coinpedia·August 26, 2026·1 min read
Bitmine Nears 5% ETH Goal: Can Ethereum Price Rally to $3,000?

Bitmine is aggressively buying Ethereum, nearing its goal of owning 5% of the total ETH supply. Fresh on-chain activity shows increased accumulation. Ethereum has gained over 30% in a week, with analysts citing stronger fundamentals and a possible market shift. This could boost ETH's price momentum further.

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