BitMine Accumulating Plunging Ethereum... Why? The Surge Starts 'At This Time' / One Scenario for Ripple's Surge | Bull Market TV CEO Fuzz
급락한 이더리움을 매집하는 비트마인.. 왜? 급등은 '이때' 시작된다. / 리플이 급등하는 시나리오 1가지ㅣ불장tv 퍼즈 대표
Speakers
Fuzz
— CEO
Summary
Fuzz, CEO of Bull Market TV, discusses why Ethereum has underperformed despite spot ETF approvals and argues that the bull market is not over. He highlights BitMine's aggressive ETH accumulation, compares Ethereum with Solana, and explains how RLUSD adoption could drive XRP once Bitcoin makes new highs. He recommends a large-cap crypto portfolio and avoiding heavy exposure to small altcoins.
- Ethereum has not reflected spot ETF inflows, but Fuzz sees no fatal flaw and expects delayed upside.
- BitMine has rapidly accumulated about 3% of ETH supply, targets 5%, and has started staking.
- Fuzz expects Bitcoin to make new highs before a broader altcoin rotation, with dominance around 60% still high.
- Ethereum is preferred over Solana if choosing one, though a 50/50 split is acceptable if holding both.
- XRP's long-term catalyst is RLUSD adoption in international remittances, but it also depends on Bitcoin strength.
- He recommends allocating about 90% to large-cap coins and cash, with only 10% for speculative small altcoins.
- He named BTC, ETH, XRP, SOL, TRX, and DOGE as the large-cap basket after excluding stablecoins and BNB.
Ideas
Ethereum delayed, not broken; BitMine supports.
Ethereum has no fatal fundamental flaw. The spot ETF approval has brought significant inflows but the price has not reflected them because Bitcoin dominance remains high around 60% and capital has not rotated yet. Ethereum also has unique support from BitMine, a treasury vehicle that has rapidly accumulated about 3% of ETH supply toward a 5% target, started staking, and keeps buying even below its average cost, signaling no intent to sell. Ethereum has never suffered a network shutdown and its DeFi/platform ecosystem value is far larger than Solana and Tron, so he expects ETH to rise later, potentially 2-3x if BTC pushes toward $100k.
Bitcoin likely makes new highs; alts wait.
The crypto market is not mature enough for a venture-style strategy of spreading bets across many small altcoins because information is scarce and luck plays a large role. He recommends focusing about 90% of the portfolio, including cash, on the largest established coins: Bitcoin, Ethereum, XRP, Solana, Tron, and Dogecoin, after excluding stablecoins and BNB. Only the remaining roughly 10% should be split into smaller speculative altcoins, and even those depend on Bitcoin rising first.
BitMine aggressively accumulates and stakes Ethereum.
BitMine is a differentiated ETH treasury vehicle. It has rapidly accumulated roughly 3% of ETH supply in about six months, targets 5%, has started staking its ETH, and continues buying even though its average cost is above the current price, indicating it does not intend to sell. This aggressive accumulation is a key reason he sees Ethereum as advantaged versus Solana and Ripple.
RLUSD adoption drives XRP, but needs Bitcoin.
RLUSD adoption is the key long-term driver for XRP. If RLUSD is widely used for international remittances and cross-currency bridges, Ripple's system requires XRP to be held or locked, which would support XRP price. Ripple has also seen ETF inflows while BTC and ETH ETFs saw outflows, but this will not be reflected strongly until Bitcoin makes new highs. He personally holds a lot of XRP and remains constructive, though the RLUSD catalyst may take time and explosive upside requires accumulation to exceed unlocked XRP supply.
