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.

ETH1,4%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
CascadingDipBuyervip
· 8h ago
The bottom-fishing fanatic is back again, BitMine's move this time is really aggressive.
View OriginalReply0
GweiWatchervip
· 8h ago
$65.4 million? The institutions are really bold with this move, ETH is feeling it.
View OriginalReply0
LidoStakeAddictvip
· 8h ago
I'm still waiting for ETH to drop to two thousand, and now institutions are starting to buy aggressively again?
View OriginalReply0
GateUser-5854de8bvip
· 9h ago
14 billion USD worth of ETH held? BitMine's move is really outrageous, how dare they throw so much money around
View OriginalReply0
LonelyAnchormanvip
· 9h ago
ETH holdings worth 13.9 billion USD, this move... institutions are really placing their bets.
View OriginalReply0
GateUser-beba108dvip
· 9h ago
$65.4 million worth of ETH bought, still increasing the position at this pace.
View OriginalReply0
MEVictimvip
· 9h ago
$65.4 million to buy ETH, this guy really dares to spend money
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)