The ethereum price prediction conversation shifted this week, and most people have not caught up. Bitmine bought 28,086 ETH last week, worth about $70 million, pushing its total to 5.93 million ETH according to decrypt. That is 4.9% of every ETH that exists. Chairman Tom Lee called ETH the best major asset of Q3 2026, beating the S&P 500 by 54 points.