Ethereum Soars as BitMine Gobbles Up Over $1 Billion in ETH - Bull Run Incoming?

Institutional whale BitMine just dropped a billion-dollar bet on Ethereum—sending shockwaves through crypto markets.

The Accumulation Game

When a single entity scoops up over $1 billion in ETH within seven days, it's not just trading—it's a statement. BitMine's massive position-building suggests institutional confidence hasn't just returned—it's gone aggressive.

Market Impact

That kind of volume doesn't slide under the radar. ETH prices already ticking upward as traders scramble to front-run what looks like a major bullish play. Liquidity gets vacuumed up faster than a degenerate gambler's bankroll.

Because nothing says 'sound investment' like following billion-dollar funds that probably know something you don't—or maybe they're just better at pretending they do.

BitMine Now Largest Ethereum Treasury Holder

Although last week’s accumulation marked one of the largest in history, BitMine is expected to continue its acquisition of ETH. Chairman of the Board of Directors Tom Lee has previously shared the goal of acquiring 5% of the total ETH supply.

Acquisitions of this scale greatly influence the ethereum price movement and the institutional view of Ethereum as an asset of long-term value.

Analyst Paul Barron has mentioned the possibility of an Ethereum supply shock, highlighting the 2021 timeframe.

BitMine Immersion just absorbed 319,000 $ETH in ONE WEEK. That's 0.26% of the total supply gone.
At this velocity: 319K ETH/week × 13 weeks left in 2025 = 4.1M ETH potential demand

Current liquid ETH supply on exchanges: ~11M ETH
The math is brutal: If just 3-4 more… pic.twitter.com/39jr7sSnxN

— PaulBarron (@paulbarron) September 9, 2025

According to Barron, if more institutions were to follow BitMine’s strategy, then the deflationary pressure on the overall supply could spark a significant Ethereum price rally.

Ethereum Price Prediction: Analyst Says $15K ETH Inevitable

Following its 200% rally from April lows of $1,400, the Ethereum price has been stuck below the $4,761 resistance level. While institutions accumulate ETH, it has been trading sideways between this resistance and the $4,100 support.

After last week’s surge, the Ethereum price is experiencing a minor pullback, currently trading just above the $4,500 support. Technical indicators signal that bullish strength is building.

Image Courtesy: TradingView

A potential breakout from the $4,800 level, following a month-long consolidation, could fuel an impressive rally if momentum is sustained.

With speculations about continued corporate accumulation, Analyst Barron made a bold Ethereum price prediction that “$15K ETH by December isn’t optimistic. It’s mathematical inevitability.”

PEPENODE: Transforming The Meme Coin Mining Sector

PEPENODE is the first mine-to-earn meme coin that allows users to build personalized meme coin mining rigs. It is driving demand by accelerating community participation with gamified crypto mining and staking rewards.

Crypto mining is becoming more challenging by the day with rising hardware demand and excessive power required. Large miners can navigate through these hurdles effectively, but small players’ profitability is affected the most.

To address this issue, PEPENODE offers VIRTUAL mining systems. Users can buy digital miner nodes and control them via a gamified dashboard.

You can purchase nodes and combine them to generate substantial mining power, then set them up in server rooms. By adding more nodes, you can amplify yield and earn more mining rewards.

What’s driving investors to the PEPENODE presale:

• The project has raised over $1.1 million in the presale, showing community appeal and boosting investor confidence.
• The PEPENODE token’s price increases during presale as demand grows. The presale started at $0.001 per token, and the current price is $0.0010575, with just four hours remaining until the price rises again.
• Unlike most presales that offer no utility before the token generation event, PEPENODE is actively boosting community interest with staking rewards. Token holders can participate in staking during the presale and earn up to 1180% annual yields.

Benefits of Joining PEPENODE Early

Early adopters get access to higher power nodes that generate higher returns, rewarding early participation. PEPENODE’s gamified system enables beginners with no prior knowledge of mining hardware and practices to easily enter the industry.

By participating in the PEPENODE presale, investors can accumulate the token at undervalued prices before listing. This positions holders for extraordinary returns when the project claims the title of a top meme coin.

The post Ethereum Price Prediction: BitMine Accumulates Over $1 Billion in ETH Within a Week appeared first on icobench.com.