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.

ETH-0,85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SignatureCollectorvip
· 3h ago
41.6 million ETH are piled up there, this number is a bit scary.
View OriginalReply0
MerkleMaidvip
· 4h ago
41.6 million ETH lying around, can this scale really make a splash... Following the trend does make sense.
View OriginalReply0
SandwichVictimvip
· 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.
View OriginalReply0
CodeAuditQueenvip
· 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.
View OriginalReply0
BlockchainTherapistvip
· 4h ago
41.6 million ETH just lying around? That number sounds a bit outrageous, are institutions really that powerful...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt