Ethereum
Nearly 5% of All Ethereum Is Now in One Corporate Treasury: Why Top Whale Is Now Tapering Buys
U.Today·July 20, 2026·1 min read
Bitmine now holds 4.8% of the global Ethereum supply, making it a top whale. However, the company is slashing weekly ETH purchases to execute a massive billion-dollar stock buyback strategy. This tapering of buys signals a shift in corporate treasury management for the Ethereum holder.
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