Bitmine, which conducts Ethereum treasury operations, made another big move last week. The company added about 97,000 ETH to its wallet by spending approximately 272 million dollars.
With this purchase, the total amount of Ethereum held by Bitmine has risen to 3,726,499 ETH. When calculated at current market prices, this figure roughly corresponds to a value of 10.48 billion dollars.
It seems that institutional investors' strategy for accumulating ETH is continuing.
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ChainWanderingPoet
· 4h ago
Bitmine is hoarding ETH again... This rhythm is really a blatant faith from the institutions, throwing down 27.2 billion without even blinking.
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FunGibleTom
· 4h ago
This institution is going crazy, buying up every week? It seems that large investors are optimistic about ETH.
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WhaleMistaker
· 4h ago
These Large Investors are really not happy, still crazily hoarding ETH.
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LiquidationWizard
· 4h ago
Institutions are crazily Coin Hoarding, this pace... Oh my, do retail investors still have a chance?
Bitmine, which conducts Ethereum treasury operations, made another big move last week. The company added about 97,000 ETH to its wallet by spending approximately 272 million dollars.
With this purchase, the total amount of Ethereum held by Bitmine has risen to 3,726,499 ETH. When calculated at current market prices, this figure roughly corresponds to a value of 10.48 billion dollars.
It seems that institutional investors' strategy for accumulating ETH is continuing.