Tom Lee’s Bitmine Immersion Now Hold 3.4% ETH Supply

BitcoincomNews · 2026-01-19T08:24:49+00:00

Bitmine Immersion's control of 3.4% of Ethereum reflects growing institutional confidence, even as Ethereum exchange balances drop to 16.3 million. However, the price of Ethereum has decreased by 4%, trading below $3,200.

BitcoincomNews

2026-01-19 08:24:49

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Story Highlights* Bitmine Immersion now controls 3.4 percent of Ethereum supply, signaling strong long-term institutional confidence.

Ethereum exchange balances fall to 16.3 million as institutions steadily lock away supply tokens.
Despite heavy accumulation, Ethereum price dips 4% and trades below key $3,200 level.

ETH-3,51%

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