Ethereum Whale Alert: $5B Treasury Buy Sparks Massive Rally

The world’s largest Ethereum treasury just got even bigger — and it only took 7 days. Bitmine Immersion Technologies has been buying ETH at lightning speed, riding Ethereum’s surge past $4,000 and hitting $4,300 over the weekend. According to Benzinga, Bitmine now holds $4.96 billion worth of ETH — up from $2.9 billion just a week ago. With Funstrat’s Tom Lee now chairman, the company is chasing 5% of Ethereum’s total supply and leading crypto treasuries in speed and liquidity. Bitmine stock is already up 13% today after a 25% rally Friday.