Ethereum May Rise After BitMine’s $1B Purchase; Analysts See Potential New Highs

Ethereum price surged 5.39% after BitMine purchased 234,846 ETH (~$1 billion), lifting ETH to $4,389 and boosting market sentiment; this institutional buy increased BitMine’s holdings to 2.65 million ETH and helped drive ETF inflows and positive analyst ￰0￱ bought 234,846 ETH (~$1B), making it the largest public holder of ￰1￱ rose 5.39% to $4,389; ￰2￱ Ethereum funds saw $80.79M in ￰3￱ stock climbed 3.46% pre-market as BitMine’s treasury ￰4￱ price surge: ETH up 5.39% after BitMine’s $1B purchase — read analysis, targets, and investor ￰5￱ what this means for markets and ￰6￱ price rises 5.39%, fueled by BitMine’s $1 billion ETH ￰7￱ stock sees growth, and analysts predict further gains.

Ethereum’s surge follows BitMine’s $1 billion purchase, positioning the company as the largest holder of ETH ￰8￱ CryptoGoos describes Ethereum’s chart as the most bullish yet, with forecasts suggesting new all-time ￰9￱ stock sees a 3.46% increase in pre-market trading, reflecting the impact of BitMine’s growing Ethereum ￰10￱ (ETH) prices gained 5.39% to $4,389, outpacing Bitcoin’s 3.7% rise and the broader crypto market’s 3.68% ￰11￱ watched ETH reclaim key technical levels as BitMine purchased 234,846 ETH for roughly $1 billion, raising its total holdings to around 2.65 million ETH (close to $11 billion), making BitMine the largest public holder of Ethereum.

BitMine’s acquisition places it ahead of competitors that hold smaller ETH ￰12￱ purchase also strengthened BitMine’s public-market profile, helping BMNR shares climb 3.46% in pre-market trading to $54.10, and pushing the company’s market capitalization to about $9.36 ￰13￱ is driving Ethereum’s price surge? Institutional buying and renewed ETF inflows are the primary drivers. BitMine’s large-scale purchase and $80.79 million of ￰14￱ Ethereum fund inflows increased demand and improved market sentiment, while technical reclaim of the $4,250 support level reinforced bullish ￰15￱ did BitMine’s $1 billion ETH purchase affect markets? BitMine bought 234,846 ETH, boosting its treasury to 2.65 million ￰16￱ sizeable accumulation reduced available supply and signaled strong institutional ￰17￱ market response included price appreciation for ETH and a positive reaction in BMNR ￰18￱ holdings comparisons (public treasuries) show BitMine now ranks as the largest public ETH ￰19￱ is the most bullish Ethereum chart I’ve ever seen! ￰20￱ — CryptoGoos (@crypto_goos) October 1, 2025 Why are analysts optimistic about Ethereum’s outlook?

Analysts point to strong on-chain fundamentals, institutional accumulation, and ETF ￰21￱ called the current chart “the most bullish” they’ve seen, while other market commentators note reclaimed supports and defined upside targets at $4,500 and $4,750. Historical performance after similar accumulation events tends to show accelerated rallies, though past performance is not ￰22￱ role do ETF flows play in ETH price movement? ETF inflows increase demand from institutional and retail investors using regulated ￰23￱ spot funds recorded $80.79 million in inflows, which complements direct accumulation by companies like BitMine and can support price discovery by adding persistent buying pressure into the ￰24￱ Asked Questions How many ETH did BitMine buy and what are their total holdings?

BitMine purchased 234,846 ETH (~$1 billion), increasing its total holdings to approximately 2.65 million ETH, valued at roughly $11 billion at recent ￰25￱ BitMine’s purchase affect BMNR stock? ￰26￱ stock rose about 3.46% in pre-market trading to $54.10 following the announcement, reflecting investor interest in BitMine’s growing crypto ￰27￱ ETF inflows significant for Ethereum’s price? ￰28￱ Ethereum funds recorded $80.79 million in inflows, adding regulated demand that can support price momentum alongside direct institutional ￰29￱ Takeaways Institutional accumulation matters : BitMine’s $1B buy materially reduced available ETH ￰30￱ reaction : ETH rose 5.39%, surpassing Bitcoin’s gains and lifting BMNR ￰31￱ levels : $4,250 reclaimed support and analyst targets at $4,500–$4,750 guide short-term ￰32￱ Ethereum price momentum reflects a mix of large-scale corporate accumulation, ETF inflows, and positive technicals.

BitMine’s purchase and continued fund inflows improve demand-side fundamentals, while analysts set higher ￰33￱ should monitor treasury disclosures, ETF flows, and support/resistance levels for signs of sustained trends.