2025-12-31 03:27:20

BitMine's stock price trend has been a roller coaster—once plunging 82%, but after shifting from Bitcoin mining to Ethereum asset accumulation, it rebounded with a 3000% surge. The company's story has attracted the attention of many Korean retail investors.

Data shows that since 2025, Korean investors' net investments in overseas stocks have reached $1.4 billion, with particularly aggressive bets on Ethereum-related assets—many even amplifying their exposure through leveraged ETFs. What does this behind-the-scenes story reflect? On one hand, the fundamental narrative of the Ethereum ecosystem is still fermenting, with frequent institutional-level actions; on the other hand, retail enthusiasm is driving market expectations higher.

Short-term volatility is bound to make hearts race, but from a long-term perspective, this wave of enthusiasm may still have more stories to tell.

BTC1.22%

ETH1.01%

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GoldDiggerDuck

· 3h ago

82% crash and then a 3000% rebound? That's why I can't sleep --- Korean retail investors really dare to leverage all in, I truly admire this courage, or rather this madness --- Is the Ethereum narrative not over yet? Then I’ll keep holding, anyway I’ve already gone all in --- BitMine’s move this time is truly a do-or-die situation, switching to Eth directly brought it back to life --- Playing with leveraged ETFs like this, losing can be just as terrifying, a bad mindset might even land you in the hospital --- $1.4 billion flowing into overseas stocks? Koreans are really starting to do global shopping --- The long-term logic is correct, but this wave of FOMO in the short term is really going to kill people --- Entering after a 3000% rebound? Bro, I suggest waiting a bit longer, don’t take the final hit

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ImpermanentPhobia

· 3h ago

82% drop and still rebound by 3000%—that's outrageous... Korean retail investors really dare to play, with leveraged ETFs this move is bound to backfire sooner or later. The ETH ecosystem is definitely telling a story, but betting so aggressively feels like watching others go all-in at a gambler's table. How long can this wave of enthusiasm last... I'm a bit worried about the outcome after this round of retail frenzy.

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RugPullAlarm

· 3h ago

82% plunge and a 3000% rebound? No matter how you look at these numbers, it seems like a Ponzi scheme. You have to dig into BitMine's on-chain address flows to believe it. Are Korean retail investors using leveraged ETFs to bet on Ethereum? Isn't this just a magnified version of 2018? The concentration of funds is frighteningly high, and it's long overdue to monitor the movements of major addresses.

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rugdoc.eth

· 3h ago

82% plunge then a 3000% rebound... This is the kind of story I like. Retail investors are really betting on the future. Koreans are going all-in this time, playing leveraged ETFs is really walking a knife's edge. The Ethereum ecosystem is now a story machine. Institutions are entering, retail investors are following, watching who will fall into the trap first. Short-term volatility is terrifying, but long-term... who knows, anyway I’m still in. BitMine’s rebound is a bit outrageous, too tempting. The fundamental narrative is fermenting, just waiting for the next breakout point. $1.4 billion pouring in, this scale is no joke. A 3000% increase looks great, but it can fall just as fast. Retail enthusiasm is the best indicator. Should I buy now or wait and see? Hard to say. Switching to Ethereum assets has directly taken off. I buy into this logic.

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