$ETH bitmine is a type of financial company that is overdrawing the future of ETH. The low price level of ETH is highly manipulable, and the public opinion foundation is strong, which has allowed bitmine to take advantage of the situation.

In just over a month, it has become the largest holding company, recently reaching over 1.5 million coins, and it has only been a little over a month since July 😓😓. Such garbage companies often operate under the guise of innovation while actually reaping profits. In summary, they package a story with fancy narratives and financial tools, selling an apple worth 1 dollar in the market for 3 dollars. They are essentially transferring the risks of digital currency to retail investors in the stock market. The momentum rises quickly but leaves just as fast.

What truly drives the price increase of digital currency is technological upgrades, ecosystem prosperity, and user growth. Just looking at ETH ETF would show a wide influx of funds. However, there has just been a massive outflow of ETF funds. This is not the short-term narrative bubble like bitmine. (bitmine's average cost of holding ETH is only 2244 dollars)

Summary: Refuse to buy at high positions.