Major institutional investor BitMine executed a significant acquisition, purchasing $65.4 million worth of Ethereum in a recent transaction. The move brings their total Ethereum holdings to approximately $13.9 billion, underscoring continued institutional interest in the leading smart contract platform. This substantial position reflects ongoing institutional participation in the digital asset market amid evolving market conditions.
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CascadingDipBuyer
· 8h ago
The bottom-fishing fanatic is back again, BitMine's move this time is really aggressive.
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GweiWatcher
· 8h ago
$65.4 million? The institutions are really bold with this move, ETH is feeling it.
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LidoStakeAddict
· 8h ago
I'm still waiting for ETH to drop to two thousand, and now institutions are starting to buy aggressively again?
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GateUser-5854de8b
· 9h ago
14 billion USD worth of ETH held? BitMine's move is really outrageous, how dare they throw so much money around
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LonelyAnchorman
· 9h ago
ETH holdings worth 13.9 billion USD, this move... institutions are really placing their bets.
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GateUser-beba108d
· 9h ago
$65.4 million worth of ETH bought, still increasing the position at this pace.
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MEVictim
· 9h ago
$65.4 million to buy ETH, this guy really dares to spend money
Major institutional investor BitMine executed a significant acquisition, purchasing $65.4 million worth of Ethereum in a recent transaction. The move brings their total Ethereum holdings to approximately $13.9 billion, underscoring continued institutional interest in the leading smart contract platform. This substantial position reflects ongoing institutional participation in the digital asset market amid evolving market conditions.