Major institutional move in the Ethereum market: Tom Lee's Bitmine just acquired 33,000 ETH in a single transaction valued at approximately $104 million. This massive purchase pushes their total ETH holdings to over 4.144 million tokens, representing roughly $13 billion in assets. What's particularly striking is that this stake now represents 3.4% of Ethereum's entire circulating supply. This level of concentration underscores the significant influence institutional players like Bitmine wield over the network, especially as they continue to accumulate during volatile market periods. Such large-scale accumulation often signals confidence from major players in Ethereum's long-term value proposition.