Ethereum Institutional Accumulation Frenzy: Bitmine Expands Holdings With Another Massive Strategic ETH Buy

According to the expert, Bitmine’s massive acquisition of ETH is a sign of big conviction. Despite the heavy buys seen among large firms, ZYN believes it is not enough, and more big buyers are needed. His major reason for this statement is the ongoing panic selling among investors. In his view, more buyers, especially institutional ones, are required to absorb that selling pressure.

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