Tom Lee’s Bitmine has made another move! Today, they bought 22,676 ETH in a single transaction, worth $68.67 million.
What’s even more impressive is the timeline—starting from yesterday, this institution has accumulated a total of 64,622 ETH, spending $199.4 million in total. This pace of continuous large-scale accumulation is forcing the market to reassess institutional allocation strategies for Ethereum.
On-chain data for ETH never lies. When an address consistently accumulates coins, it’s either because they’re bullish about the market, or they’re preparing for a major move.
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DEXRobinHood
· 5h ago
The whale is aggressively accumulating.
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RektButAlive
· 5h ago
Institutional whales are starting to accumulate again.
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ForkInTheRoad
· 5h ago
The subsequent position has already been secured at the base position.
Tom Lee’s Bitmine has made another move! Today, they bought 22,676 ETH in a single transaction, worth $68.67 million.
What’s even more impressive is the timeline—starting from yesterday, this institution has accumulated a total of 64,622 ETH, spending $199.4 million in total. This pace of continuous large-scale accumulation is forcing the market to reassess institutional allocation strategies for Ethereum.
On-chain data for ETH never lies. When an address consistently accumulates coins, it’s either because they’re bullish about the market, or they’re preparing for a major move.