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Ethereum Supply Controlled by Single Entity Reaches 4.8%: Major Company Set to Earn $247 Million Annually
FG
FOMOGRAM Editorial Desk
Aug 3, 2026
EXECUTIVE SUMMARY
Bitmine Immersion Technologies has increased its total Ethereum (ETH) holdings to 5.8 million through recent acquisitions, now controlling approximately 4.8% of the market supply.
Bitmine Immersion Technologies has increased its total Ethereum (ETH) holdings to 5.8 million through recent acquisitions, now controlling approximately 4.8% of the market supply.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Bitmine's significant accumulation of Ethereum signals strong institutional confidence and potential upward pressure on ETH prices.
BTC OVERALL MARKET INDEX: 17 / 100 (BEARISH)
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