Bitmine Buys $200 Million in Ethereum in One Day

This article is machine translated
Show original

Citing on-chain data platform Lookonchain, cryptocurrency media outlet PANews reported on December 24th that Bitmine, an investment firm led by Tom Lee, had purchased an additional 67,886 ETH in the past 24 hours. The purchase was valued at approximately $201 million (approximately 260 billion won). Bitmine has been accumulating Ethereum in recent weeks, and the industry interprets this as a strategic positioning strategy, anticipating a future market uptrend.

Copyright ยฉ TokenPost. Unauthorized reproduction and redistribution prohibited.

#Bitmine #Ethereum #ETH #CryptocurrencyInvestment #On-ChainData

Source
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.
Like
Add to Favorites
Comments