Yahoo Crypto Market • October 10th 2026, 12:20 AM
BitMine Approaches Its ETH Purchase Limit: Who Will Buy Ethereum Next?
Key Summary
BitMine, the largest corporate buyer of Ethereum, is weeks away from hitting its 5% supply cap, which will stop its buying spree. With no major buyer positioned to replace BitMine, Ethereum's price has declined significantly, and investors are left wondering who will step in to buy Ethereum next.
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BitMine is weeks away from hitting its self-imposed Ethereum buying cap, and when it stops, the market loses its single biggest source of demand at the worst possible time.
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