Markets· ★★★· neutral·

BitMine Nears Its ETH Purchase Limit: Who Will Buy Ethereum Next?

  • —BitMine is nearing the cap on its ETH accumulation strategy
  • —Analysts question who will become the next major Ethereum buyer
  • —The company ranks among the largest public holders of ETH
Why it matters: If the largest corporate buyer of ETH pauses, demand for ether could weaken, adding pressure on its price.
Source: Google News (crypto query)