BitMine Immersion Technologies, the most important known corporate holder of Ether, resumed buying the cryptocurrency in the brand new yr, signaling continued confidence in Ethereum whilst some analysts expect near-term price weakness.
According to a post from blockchain data platform Arkham on Wednesday
According to StrategicEthReserve, the financial firm now holds 4.07 million Ether price $12.6 billion, representing 3.36% of the ETH supply.
According to its latest update on Monday, BitMine still has a complete of $915 million in money reserves that might be used to accumulate more ETH as the corporate moves closer to its strategic goal of accumulating 5% of supply.
Source: Arkham
The recent purchases come on the back of a pointy increase in BitMine’s staking activity. Blockchain data tracked by Lookonchain shows that the corporate has staked greater than $2.87 billion price of Ether, including about 128,000 tokens added in the previous few days.
According to Tom Lee, chairman of BitMine and co-founder and managing partner of Fundstrat Global Advisors, the $105 million investment signals confidence in Ether's long-term price appreciation, despite expectations of an area bottom in the primary half of 2026.
Lee predicted a “significant decline” for Ether in the primary half of the yr to around $1,800, a level that might provide “attractive opportunities through the top of the yr,” he wrote in an internal note shared on social media.
Source: AlejandroBTC
Whales accumulate $11 million price of Ether as analysts expect recovery after 2025 “stress test”.
According to crypto intelligence platform Nansen, whales or large cryptocurrency investors have also increased their spot Ether exposure.
Whales bought $11.2 million price of Ether across 38 wallets last week, while latest wallets bought a complete of $1.16 billion. However, in line with Nansen, smart money traders dumped $9.48 million throughout the same period.
ETH/USD, one-year chart, token god mode. Source: Nansen.ai
Meanwhile, 2025's crypto bear market proved to be a needed “stress test” for institutional market participants waiting to take a position within the emerging industry, in line with Jimmy Xue, co-founder and chief operating officer of Axis, an on-chain quantitative returns platform that manages $100 million in live capital.
“Revaluation was not nearly valuations, but additionally about revaluation risk. The industry has embraced real-time verification and compliant infrastructure, and the hurdles for institutions are decreasing,” Xue told Cointelegraph, adding:
“2026 is probably not a retail rush, but we must always see a liquidity migration where crypto finally acts because the backend for global finance.”
Jamie Coutts, chief crypto analyst at Real Vision, also saw last yr's poor altcoin performance as a “re-evaluation” of leading blockchain protocols based on their fundamental value and network adoption because the “multi-year commitment of institutional capital begins.”
