🐋 Bitmine Defies the Dip: 20,000 $ETH Accumulated via Fresh Wallet! 🚀
No matter where the $ETH price sits, institutional giant Bitmine (BMNR) is still loading up... and they just used a brand-new wallet to do it! 🥳
📊 The Move
On-chain data confirms that Bitmine has just picked up another 20,000 ETH, valued at approximately $46.0M. The liquidity was sourced directly from FalconX and moved into a completely fresh address.
Wallet Address: 0x3BF04228de5e6c54BA021E1Fe843fc2e34a2285C
💡 Strategy: The Long Game
While the broader market feels the heat of recent volatility, Bitmine’s actions speak louder than words. Led by Tom Lee, the firm is aggressively pursuing its "Alchemy of 5%" goal—aiming to own 5% of the total Ethereum supply.
Massive Treasury: Bitmine now holds over 4.28 Million ETH.
Staking Power: A significant portion of these holdings is being funneled into staking, fueling their MAVAN (Made in America Validator Network) initiative.
Diamond Hands: Despite recent price swings, Bitmine is treating the current levels as a major accumulation zone.
❓ Market Sentiment
Is this the "smart money" signal the market needs for a reversal? When whales buy the dip through fresh wallets, it often signals high-conviction, long-term positioning. 💎🙌
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