The biggest long-position main player is BitMine (an Ethereum treasury company under Tom Lee) — last week, it bought another 71,252 ETH. Its total holdings have exceeded 4.8 million ETH, accounting for about 4% of the circulating supply across the entire network, and the staked portion has reached 3.33 million ETH. Tom Lee himself also publicly called out that since geopolitical risks in the Middle East have escalated, ETH has been the second-best performing asset globally, behind only gold as a safe-haven asset, outperforming BTC and stocks.