bitmine holds 3.86m eth worth $12.4b, bought 138k eth last week alone and has $880m cash left targeting 5% of total supply. vanguard just opened eth etf access to 50m clients december 2nd after refusing all crypto for years. eth trades at $2,931 down 40% ytd. someone's wrong about valuation and it's not the buyer with $12 trillion aum reversing their entire crypto stance in 4 months.