🟣 BitMine “immediately buys 33.504 ETH” in 6 hours
Lookonchain reports that BitMine Immersion Technologies just purchased 33.504 $ETH (~112M USD) from FalconX in just 6 hours – continuing a series of massive acquisitions totaling over 400M USD recently.
The company, chaired by Tom Lee, is currently the largest holder of ETH in the world, with over 3.86 million $ETH .
ETH
3,247.02
+2.09%
The strong buying move at the right moment $ETH rebounding from the bottom further reinforces Tom Lee's view that Ethereum has bottomed out and is entering an ideal accumulation phase. On-chain data also shows reduced selling pressure, making it easier for institutions to “scoop up” assets.
⚠️ Not investment advice. If you buy like Tom Lee and your wallet gets thinner... I can only offer moral support 😆