A treasury company just crossed 5 million $ETH . While the price is half its peak. BitMine Immersion: 5,078,386 ETH (~$11.75B at current price). Last 7 days alone: +101,901 ETH. $ETH trades at $2,292, down 50% from the October 2025 peak of $4,946. The Smart Money Flow Index (an ETH-exclusive metric) shows a quiet trend. The price tape indicates one thing, while the corporate accumulation tape suggests the opposite.