{"content":"🤑 Big Players Are Buying — Tom Lee and Bitmine Fuel Ethereum Frenzy Ethereum reached $4,886 on Friday after a 14% daily climb broke its previous record. This breakout shows ETH's bullish trajectory and expanding crypto market domination. While Bitcoin has stabilized, Ethereum has gained institutional interest as significant players invest in it. On-chain and market statistics show Ethereum demand is rising, bolstering fundamentals. Institutions, funds, and whales are keeping and rapidly increasing to their Ethereum investments, indicating long-term value. Tom Lee's Bitmine acquired $45 million in ETH, supporting the idea of large-scale accumulation, according to Arkham Intelligence. This follows a pattern of important investors and organizations investing on Ethereum as the backbone of decentralized finance and the main smart contract platform. Ethereum is at the focus of attention moving into the next cycle due to fresh highs, institutional adoption, and market confidence. Bulls anticipate price discovery to propel ETH into new territory. Upside from Institutional Accumulation Arkham reports that BitMine possesses $7 billion in ETH, fueling Ethereum's rise. BitMine controls 1.518 million ETH, or 1.3% of the entire supply, making it the biggest corporate Ethereum holder. BitMine keeps accumulating, bolstering the idea that institutions perceive Ethereum as a digital financial foundation. SharpLink Gaming, the second-largest corporate holding, with 729,000 ETH worth $3.2 billion. These two players own a lot of Ethereum in company treasuries, demonstrating institutional commitment. Analysts say such hoarding locks up enormous quantities of ETH and tightens supply, changing market dynamics. Large companies buying and holding frequently indicate trust in the asset's usefulness and long-term price appreciation. Many market players see Ethereum's breakthrough over its 2021 all-time high as only the start, with corporate demand powering additional increases. #ETHInstitutionalFlows #ElonMuskDOGEDeparture #ElonMuskDOGEDeparture #Write2Earn $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/24/b0966a746b7c6705e87fb84a06b4ab6f.png"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}