Onchain data suggests that BitMine acquired 104,336 ETH, worth approximately $417 million, on Thursday, as prices fell 20% from their August highs, bringing its treasury to over 2.5% of the total supply.
BitMine appears to buy the dip as ETH is down 20% from peak
Related posts
Exclusive data from EigenPhi reveals that sandwich attacks on Ethereum have waned
Fusaka goes live as Ethereum edges closer to ‘instant feel’ UX
Ethereum treasury trade unwinds 80% as handful of whales dominate buys
Crypto treasuries lead stock recovery after shaky start to December
Ether price analysis: Will ETH continue to decline in December?
Ethereum’s Fusaka upgrade: Scaling rollups without breaking the core
