BitMine is increasing its Ethereum holdings again. Last Monday, they purchased 24,266 ETH in one go, and now their stash has exceeded 4.16 million ETH. This scale of holding indeed has the potential to influence market expectations. Changes in capital flow from institutional investors like this often serve as a market indicator. It’s worth paying attention to BitMine’s subsequent Ethereum allocation movements, as they might reveal some clues.
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SignatureCollector
· 3h ago
41.6 million ETH are piled up there, this number is a bit scary.
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MerkleMaid
· 4h ago
41.6 million ETH lying around, can this scale really make a splash... Following the trend does make sense.
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SandwichVictim
· 4h ago
4.16 million ETH just lying around? If this were to be dumped, I'd be laughing. Don't even talk about a market indicator; it'll just turn into a diving rod.
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CodeAuditQueen
· 4h ago
41.6 million ETH, this number itself is like an untriggered smart contract, no one can predict when a re-entrancy attack might occur.
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BlockchainTherapist
· 4h ago
41.6 million ETH just lying around? That number sounds a bit outrageous, are institutions really that powerful...
BitMine is increasing its Ethereum holdings again. Last Monday, they purchased 24,266 ETH in one go, and now their stash has exceeded 4.16 million ETH. This scale of holding indeed has the potential to influence market expectations. Changes in capital flow from institutional investors like this often serve as a market indicator. It’s worth paying attention to BitMine’s subsequent Ethereum allocation movements, as they might reveal some clues.