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Boop.Fun leading the way with a new launchpad on Solana.
Sure enough, BMNR disclosed the data tonight, and taking advantage of this wave of ETH pullback, the purchase accelerated!!
This has increased from 1.15 million last week to 1.52 million, which is equivalent to buying about 370,000 ETH from the market in the past week, worth about $1.58 billion.
Old ETH whales, profit-making institutions, and early miners in the East are leaving, and micro-strategies and institutions represented by Western Wall Street are still receiving goods in the market.
Currently, about 5 or 6% of ETH is held by institutional listed companies, compared to Bitcoin's 12%, which is still too little.
Now is the eve of last year's Bitcoin being replaced by an institution. If you don't know how exaggerated this accelerated purchase is, you can take a look at the picture below.


18.8. klo 11.08
Although ETH has retraced about 9% from its high point over the weekend, the positions of the two leading micro-strategy companies are still in a state of profitability on the water.
Based on the current price of ETH at 4331:
BMNR cost 3827, 13.8% on the water
SBET cost 3571, 22% on the water
If nothing else, today and tomorrow, they will disclose new increase in holdings data, and from the perspective of the chain, BMNR is still buying and buying (infinite bullet status.

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