Investment entity Bitmine, associated with Tom Lee, significantly increased its Ethereum position last week by acquiring another 138,452 ETH, valued at approximately $434.74 million. This purchase boosts their total holdings to a massive 3,864,951 ETH, equating to an estimated value of $12.13 billion, highlighting a sustained, high-conviction accumulation strategy for the cryptocurrency.

ETH
3,325.35
+6.42%