The current cost price of BMNR, the largest Ethereum holder, is $3,755, only about 1.5% higher than the current market price.

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On July 30, according to data disclosed by Bitmine Immersion (BMNR), the largest BTC and ETH holding institution, the total BTC holdings currently reach 192 coins, and the total ETH holdings reach approximately 625,000 coins. The company has increased its ETH holdings by 58,224 coins, with an overall purchase cost of around $3,755 per ETH.

According to HTX market data, the current ETH price is $3,810, which means BMNR's purchase cost is only about 1.46% higher than the current market price.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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