#大户持仓动态 on-chain data has just revealed an interesting trend — BitMine, a major funder in the Ethereum space, quietly increased their position shortly before December 22. Monitoring by Lookonchain shows that this time the scale of the increase is not small, directly dropping 13,412 $ETH.
From the perspective of on-chain wallet tracking, large changes in holdings often reflect institutions' judgments on the short-term direction of the market. BitMine, as a heavyweight player in the Ethereum ecosystem, has always been a focal point of attention for on-chain analysts.
The increase of over 13,000 ETH, from another perspective, also indicates that these large holders still have confidence in the future performance of Ethereum. Of course, a single event can only explain so much, but considering the recent market performance of mainstream coins like $BNB and $ZEC, there is indeed quite a bit of capital quietly positioning itself.
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.
7 Likes
Reward
7
3
Repost
Share
Comment
0/400
CryingOldWallet
· 6h ago
Large Investors are buying the dip again, this rhythm feels a bit familiar... What happened after they increased the position last time?
View OriginalReply0
rugged_again
· 6h ago
Is that all the Large Investors are increasing the position? To be honest, it doesn't feel particularly special; after all, these institutions love to act mysterious.
I think rather than staring at other people's Wallets, it's better to focus on whether you can buy the dip.
It's all about "confidence" and "layout," sounds good, but in the end, it's still about the coin price trend.
Only when you really buy the dip can it be called impressive; nowadays, anyone can increase the position...
View OriginalReply0
PaperHandsCriminal
· 6h ago
Large Investors sold 13000 ETH, and I'm still debating whether to add a bit... Forget it, my paper hands are shaking again.
#大户持仓动态 on-chain data has just revealed an interesting trend — BitMine, a major funder in the Ethereum space, quietly increased their position shortly before December 22. Monitoring by Lookonchain shows that this time the scale of the increase is not small, directly dropping 13,412 $ETH.
From the perspective of on-chain wallet tracking, large changes in holdings often reflect institutions' judgments on the short-term direction of the market. BitMine, as a heavyweight player in the Ethereum ecosystem, has always been a focal point of attention for on-chain analysts.
The increase of over 13,000 ETH, from another perspective, also indicates that these large holders still have confidence in the future performance of Ethereum. Of course, a single event can only explain so much, but considering the recent market performance of mainstream coins like $BNB and $ZEC, there is indeed quite a bit of capital quietly positioning itself.