According to Mars Finance, on August 28, CryptoISO reported that Bitmine currently holds over 1.7 million ETH. To achieve the reserve target of 5% of the Ethereum supply, it needs to purchase an additional approximately 4.3 million ETH. At the current price of $4,534, this transaction would cost about $19.5 billion, and when the ETH price approaches $4,200, this cost will decrease to about $18.2 billion. The estimated daily trading volume of ETH is between $30 billion and $50 billion. Analysis indicates that compared to Michael Saylor, who often made large purchases of $500 million to $1 billion, pushing the Bitcoin price up by more than 2% each time, Tom Lee is clearly more seasoned. However, this also means that after the low of 4060, there is a high probability of an "invisible floor" for ETH in the range of $4,200 to $4,400.

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