Ethereum is back in the spotlight as the cryptocurrency market rebounds, but the main story this time is not just about the price. While Bitcoin has regained the $63,000 level following President Trump’s recent comments on cryptocurrencies, a deeper institutional shift may be taking shape between Bitcoin and Ethereum.
BitMine, the Ethereum treasury company headed by Tom Lee, has continued to add ETH to its balance sheet. The latest weekly update shows that it has been acquired by the company 42,197 EthereumBringing total holdings to 5,742,237 Ethereumequals approx 4.8% of the total supply of Ethereum. BitMine also said that its total cryptocurrency, cash, marketable securities and “Moonshot” holdings have reached $11.1 billion.
Meanwhile, Michael Saylor’s strategy was sold 3,588 Bitcoin For about $216 million To finance dividends on its preferred stock. The strategy still holds tremendous value 843,775 BitcoinBut the sale is important because it challenges the market’s long-held belief that Saylor only buys and never sells.
This discrepancy now constitutes the latest development Ethereum price Prediction: Is institutional capital slowly shifting from Bitcoin to ETH?
BitMine continues to buy Ethereum
BitMine has become the largest Ethereum treasury on the market. The company’s strategy is clear: accumulate ETH, take a significant share of it, and get closer to its long-term goal of owning 5% of the total supply of Ethereum.
According to BitMine’s latest update, the company now owns 5.74 million Ethereumwith 4.87 million ETH accumulated. This means that BitMine not only holds Ethereum as a treasury asset, but also uses it to create it Staking Rewards. The company said its ETH stake could generate hundreds of millions of dollars in annual staking revenue depending on returns and full deployment.
This is important because it gives Ethereum a different institutional narrative than Bitcoin. Bitcoin is primarily viewed as digital gold, a reserve asset, and a macro-hedge. Ethereum, on the other hand, can be held, staking, and used as infrastructure for stablecoins, decentralized finance, tokenization, and smart contract activities.
This is why buying BitMine is important for ETH price forecast. The story is no longer just “Ethereum follows Bitcoin.” The market now has a direct buyer of the Ethereum treasury with a clear accumulation goal.
Strategy Sell Bitcoin: Why It Matters
The strategy’s Bitcoin sell-off does not mean that Michael Saylor has turned bearish on BTC. The company still owns more Bitcoin than any other public company and remains the largest holder of Bitcoin in the world.
However, selling changes the psychology of the market.
For years, the strategy was viewed as the ultimate Bitcoin accumulation tool. Each purchase supported the idea that institutional demand would continue to absorb supply. But the recent sale shows that even the largest Bitcoin treasury company may need to sell coins when company liabilities, dividends or balance sheet stress require liquidity.
The Wall Street Journal reported that the strategy was sold out 3,588 Bitcoin To finance dividends on preferred stock, increase around $216 million. The company is still standing 843,775 BitcoinBut the sale came after it revealed a broader plan to boost investor confidence.
This doesn’t destroy Bitcoin’s thesis, but it raises a new question: If Bitcoin remains under pressure, can the strategy sell more?
This uncertainty is exactly why the Ethereum treasury story seems more attractive today. While the strategy sells some Bitcoin to manage liabilities, BitMine is still adding Ethereum.
Ethereum Price Prediction: Can ETH Rise?
Ethereum is trading near $1790 The area is in the latest market snapshot, up about 1% on the day. The key level to watch now is $1,800 to $1,850 Resistance zone.
If ETH price breaks this zone on trading volume, the following upside targets are:
$1900 As the first breakout confirmation level.
$2000 As a psychological goal.
$2,150 to $2,200 If the market starts pricing in stronger institutional demand for ETH.
The bullish case depends on three factors. First, Bitcoin needs to stay above the $63,000 area and avoid another sharp rejection. Second, ETH needs to recover $1,850 and turn into support. Third, BitMine’s accumulation story must remain strong enough to convince traders that Ethereum has a catalyst of its own.
If these conditions hold, Ethereum could outperform Bitcoin in the short term.
However, a bearish scenario is still possible. If ETH fails to hold above $1,750, the price may retest the level $1700 region. A deeper correction could bring Ethereum back $1,620 to $1,600especially if Bitcoin loses momentum or if investors treat Strategy’s BTC sell-off as a warning sign for cryptocurrency treasury stocks.
Is this the start of the BTC to ETH conversion?
The strongest part of this story is the contrast.
Bitcoin is rebounding following political support from President Trump and a broader market recovery. But Bitcoin is also dealing with a major treasury headline: The strategy is selling BTC.
Ethereum is also recovering, but has a cleaner institutional accumulation story. BitMine buys ETH, stakes ETH, and publicly moves toward the 5% supply target. This gives Ethereum a new narrative as traders search for the next cryptocurrency leader.
This does not mean that Bitcoin is weak. BTC remains the largest cryptocurrency asset, the main institutional gateway, and the market’s liquidity anchor. But Ethereum may now have a more interesting setup in the short term as its story shifts from underperformance to accumulation.
If Bitcoin stability is combined with continued Ethereum buying, Ethereum could become the stronger retracement trade.
Final thoughts
The latest Ethereum price prediction has become more optimistic, not only because of Ethereum’s recovery, but because the market narrative is changing.
BitMine buys and stakes Ethereum while Strategy sells a portion of its Bitcoin holdings to fulfill the company’s obligations. This contradiction creates a powerful headline: Bitcoin may still be king, but Ethereum has become the new institutional treasury battleground.
As long as ETH price exceeds $1,700 and heads towards $1,850, the next move could target $1,900 and then $2,000. But if the market loses confidence and Bitcoin falls back below the key support level, Ethereum could still retest the lower levels before any bigger breakout.
Right now, Ethereum has something it has been lacking for months: a new institutional catalyst that could help Ethereum outperform if the cryptocurrency rebound continues.
