BitMiner has aped $13B in cold hard American fiat into ETH in under 6 months @ $2991 avg
They’ve accumulated 3.37% of ETH supply, about 2/3 through their order (if stop at 5%)
Over the last 9 weeks, they’ve averaged 92.2k ETH bought
At this pace, about 21 weeks of buying left

🧵BitMine provided its latest holdings update for Dec 22th, 2025:
$13.2 billion in total crypto + "moonshots":
-4,066,062 ETH at $2,991 per ETH (@coinbase)
- 193 Bitcoin (BTC)
- $32 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and
- total cash of $1.0 billion.

Bitmine (NYSE-BMNR) $ETH

Twitter

CEO ether.fi believes that neither Bitcoin nor Ethereum are currently truly high-quality currencies, however, he believes that the ultimate form of a superior currency in the future...

CEO ether.fi: Neither Bitcoin nor Ethereum are high-quality cryptocurrencies yet.

Offchain Labs – the research and development team behind Arbitrum – recently announced a further increase in its ARB Token holdings, further reinforcing its long-term investment commitment to the company...

The Arbitrum team announces the purchase of additional ARB Token , increasing its investment in the project's core operations.

This article is from Prince, co-founder of Avon.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
TL;DR
People's use of DeFi has become highly similar. The market and infrastructure are maturing, but users' mentality has gradually shifted from curiosity to caution. The reward mechanism has changed from "users bear the risks and rewards themselves" to "users wait to be rewarded," and participation behavior has gradually converged around incentives.
The Fading DeFi
DeFi gives people the feeling that...

Avon's popular article on foreign websites: Why is DeFi no longer attractive?

-truly impressive to be underwater having bought at this pace. incredible exit liq provided for OGs / perps traders
-very bearish (ceteris paribus) when this source of buying stops, probably before
-wouldn’t want to hold 6mo from now unless new buyer emerges

ETH guys who don’t understand trading will cry below
👇

(am currently flat ETH, as have been since $4750 sells, so no this is not “jUsT tRyInG tO hElP mY sHoRtS!!1!”)

They keep making this post which is always misleading as fuck, they state their latest entry price according to Coinbase but their average is closer to 3.6-3.8 no ?

When you dedicate your adult to an industry the main KOLs are tom lee, David Bailey, Eric Trump and Mike Alfred