'The wealth code of the crypto space has always been a script written by institutions; retail investors either play the audience or the actors. This time, Bitmine's $20 billion buying ETH is simply throwing the script in your face—either follow along or wait to be harvested!'

Qing Yao first speaks in plain language about the core event

A big news broke yesterday: Ethereum's largest 'whale institution' Bitmine suddenly increased its financing limit from $2.5 billion to $20 billion. What does this mean? It's equivalent to blowing up the entire institutional capital pool in the crypto space! More critically, Bitmine has always only bought and never sold ETH. If this $20 billion is fully invested, it could buy another 4 million ETH—directly boosting its control ratio to 12%, making Ethereum the first public chain to be 'semi-controlled' by a single institution!

This wave of operations delivers a triple blow to retail investors

First blow: ETH spot is about to explode the shorts
Institutional money is not paper; it's bullets. $20 billion rushing into the secondary market will instantly drain ETH liquidity. Coupled with the expectation that the ETH ETF may pass in October, the price is likely to surge to a historical high.

Second blow: Altcoins are about to collectively 'shine again'
Once Bitmine takes action, other institutions will definitely panic—afraid of missing out on the ETH ecosystem chips. At this time, altcoins may experience a 'doomsday rush', but don’t take it seriously; this is institutions rushing the runway. Retail investors can sip the soup but shouldn’t smash the bowl.

Third blow: Institutions are betting on 'ETH overturning BTC'
Bitmine's three rounds of financing clearly show it’s not a small play. During the Fed's rate cut cycle, the β returns of cryptocurrencies will explode, and the ETH ecosystem is more grounded than BTC. I dare say that this wave of institutions may be paving the way for 'ETH to replace BTC'—after all, who doesn't want to be the next 'digital gold' of the era?

What should retail investors do now?

  1. Immediate bottom-buying faction: The ETH/BTC exchange rate just rebounded from the bottom, and Bitmine's $20 billion is the fuse. If you don't buy ETH now, you're missing the last ticket for the wealth train of 2025.

  2. Conspiracy theory faction: Beware of 'pump and dump'! Institutions may sell high with good news. Keep an eye on Bitmine's wallet address, and once you see a large transfer out, run immediately.

  3. Smart play: Ambush ETH ecological options! If Bitmine really buys heavily, the implied volatility will explode, and the leverage returns on options may be 10 times higher than spot—this is truly 'using institutional money to earn institutional money'.

Data speaks: Institutions have already voted with their money

  • The ETH that Bitmine currently holds is enough to buy the entire Solana ecosystem's TVL twice.

  • Historical backtesting: After each financing round by Bitmine, ETH has averaged a 237% increase in 90 days. This time, with $20 billion, can you do the math?

Lastly, let's speak the hard truth: The crypto space has never been a 'fair game', but this time institutions have laid their cards on the table—$20 billion of bullets are already loaded. Either follow the shooting or become a live target.

Urgent reminder: Tonight at 11 PM, Bitmine's CEO will hold an AMA, and there may be even more explosive news! Hurry up and follow @CryptoQingYao, I will help you dig out the insider information as soon as possible!