Last week’s treasury data revealed that two major companies had one buy and one loss—but the more critical development is that one of ETH’s largest buyers is about to stop purchasing. Last week, Strategy bought another 250 BTC at an average price of $86,194, bringing its total holdings to 848,000 BTC, with a paper profit of 10.2%. Meanwhile, Bitmine purchased 12,532 ETH last week, but still holds a paper loss of 23.8%. The real headline lies ahead: Tom Lee stated at TOKEN2049 that Bitmine will cease ETH purchases once its holdings reach 5%. Currently, it’s just 77,442 ETH away from that target—and at the current pace, it will reach the limit in about a month. In other words, one of the most reliable ETH buying forces in the market will disappear next month. The upcoming support for ETH may need to be reassessed. #Cryptocurrency #BTC #ETH #Treasury