BitMine launches in 2026 with $105 million in Ethereum and $915 million in reserves
The year has started strong for Ethereum. The giant BitMine has just purchased ETH worth $105 million, confirming its insatiable appetite for the second-largest asset in the cryptocurrency market.
BitMine relaunches its machine to buy Ethereum
BitMine returns with full force in 2026 with a massive purchase of Ethereum worth $105 million. With over 4.07 million ETH, the group now controls 3.36% of the total supply. Its goal: reach 5% of the global supply.
With $915 million still available in liquidity reserves, BitMine demonstrates a power that is both intriguing and concerning. At the same time, it continues to increase its exposure to staking, which now exceeds $2.87 billion in locked ETH. In just a few days, nearly 128,000 tokens have been added to this strategy.
Ethereum attracts whales as the market remains uncertain
BitMine is not the only one seeing potential in Ethereum. According to data, cryptocurrency whales acquired ETH worth $11.2 million across 38 wallets this week.
Meanwhile, newly created wallets absorbed $1.16 billion. Conversely, smart money investors sold $9.48 million in assets. This highlights the gap between long-term conviction and short-term caution.
The post-2025 bear market context plays a key role. Some cryptocurrency analysts speak of a beneficial stress test that has clarified the true dynamics of the sector. Massive staking, Ethereum's blockchain resilience, and the gradual influx of institutional investment are reinforcing the credibility of an asset that some still consider undervalued.
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