【Blockchain Rhythm】 Interestingly, BitMine is once again increasing its ETH holdings. According to on-chain data monitoring, on January 15th, this transaction directly sent 24,068 ETH from FalconX, equivalent to $80.57 million USD. Continuous large-scale buying actions suggest that this address’s accumulation on Ethereum is quite determined. Such sustained institutional-level accumulation raises questions about what future rhythm they are布局ing, or whether they are simply optimistic about ETH’s future market. There are various interpretations in the market. However, this type of transaction data itself is quite attention-grabbing—big capital moves often reflect a certain aspect of market sentiment.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
3
Repost
Share
Comment
0/400
AirdropAnxiety
· 7h ago
80 million invested, BitMine's move... Looks like institutions are really still betting on ETH.
View OriginalReply0
SolidityStruggler
· 7h ago
Buy buy buy again and again, these institutions really can't see through it.
View OriginalReply0
ForeverBuyingDips
· 7h ago
The dream of bottom-fishers, to get in with 80 million dollars... I wish I had that courage too.
BitMine increases its holdings by 24,068 ETH again, signaling a large purchase of $80.57 million
【Blockchain Rhythm】 Interestingly, BitMine is once again increasing its ETH holdings. According to on-chain data monitoring, on January 15th, this transaction directly sent 24,068 ETH from FalconX, equivalent to $80.57 million USD. Continuous large-scale buying actions suggest that this address’s accumulation on Ethereum is quite determined. Such sustained institutional-level accumulation raises questions about what future rhythm they are布局ing, or whether they are simply optimistic about ETH’s future market. There are various interpretations in the market. However, this type of transaction data itself is quite attention-grabbing—big capital moves often reflect a certain aspect of market sentiment.