Bitmine The chairman said that after ETH of the total supply is held, 5%purchases will cease.

AT A GLANCE

The article claims that Bitmine is nearing ETH the holding limit, which could reduce purchases and increase pressure on the market to absorb the supply.

Article

The largest buyer is about to exit,ETH Over 7000000 USD of potential selling pressure every day—who will absorb it?Bitmine The chairman announced that once ETH of the total supply is held, 5%purchases will cease; the hard cap is approaching, with less than 100000 tokens remaining,ETH the most stable buyer is about to exit, while spot ETF continues to flow out. Can the market absorb it?

Source: https://www.panewslab.com/zh/articles/01a1202f-2986-720b-b0e4-75815930e28b

Key points

The headline claims that ETH there is more than 7000000 USD in potential selling pressure every day.
The article states that Bitmine the chairman announced that once ETH of the total supply is held, 5%purchases will cease.
The article states that Bitmine less than 100000 tokens remain before that target is reached.
The article states that spot ETF continues to flow out and raises the question of whether the market can absorb it.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The core claim of this content is that:Bitmine if it reaches its specified ETH holding target, it may stop further purchases; meanwhile, the article mentions spot ETF continuing to flow out, so the market may face reduced buying and potential selling pressure.

Why it matters to readers

If these claims are accurate,ETH the market’s future buying demand and ability to absorb selling may be affected.

Beginners can understand it as follows: an institution described by the article as an important buyer may stop purchasing, but the scale of the impact cannot currently be confirmed from this text alone.

Risks and unknowns

Bitmine Whether it actually set and will implement the condition of stopping purchases after reaching “the total supply 5%,” the original text does not provide the chairman’s original statement.
Bitmine The actual ETH holdings and the basis for “less than 100000 tokens remaining before the target” are not provided.
Specific data on spot ETF continuing to flow out are not provided.
The headline’s claim of more than 7000000 USD in potential selling pressure per day does not explain the calculation method or data source.

Bitmine The chairman said that after ETH of the total supply is held, 5%purchases will cease.

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