BitMine just made a significant move in the ETH market, accumulating 24,266 Ethereum in a single transaction valued at approximately $75 million. This substantial institutional purchase signals notable confidence in ether's near-term outlook. Large-scale acquisitions like this often capture the attention of the broader crypto community, as they can influence market sentiment and trading patterns. The scale of this acquisition underscores ongoing institutional interest in maintaining substantial ETH positions.
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LightningClicker
· 9h ago
Institutions are entering the market so aggressively, is 7.5 billion still a small amount...
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DegenWhisperer
· 16h ago
75 million USD投入,这节奏... institutions are starting to buy the dip.
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TrustlessMaximalist
· 01-13 21:22
Institutions' recent moves suggest they are really optimistic about Ethereum... Buying over 24K ETH at $75 each is quite a significant move.
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SmartContractWorker
· 01-13 16:17
75 million dollars invested, this round of BitMine is really promising, but if retail investors follow suit... they need to think it over.
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BearMarketBuyer
· 01-12 20:01
Hey BitMine, with a move like this... investing 75 million dollars all at once, are they really optimistic or just bottom-fishing?
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LiquiditySurfer
· 01-12 20:00
7.5 billion invested, is BitMine surfing or building walls? I can't quite understand the logic behind this capital efficiency.
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MeaninglessGwei
· 01-12 19:57
Institution suddenly eats 24k ETH? Is this implying something...
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degenwhisperer
· 01-12 19:56
75 million dollars in one bite, these institutions are really fearless.
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GasFeeTherapist
· 01-12 19:40
Taking a jab at the big players again, this time it's BitMine's turn to be cut for leek harvesting?
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PumpDoctrine
· 01-12 19:40
This move by the institution is quite significant. Spending 7.5 billion just to accumulate chips? I think this is just preparing for the next wave. Retail investors are still debating whether they can push to new highs, while the institutions have already quietly made a fortune.
BitMine just made a significant move in the ETH market, accumulating 24,266 Ethereum in a single transaction valued at approximately $75 million. This substantial institutional purchase signals notable confidence in ether's near-term outlook. Large-scale acquisitions like this often capture the attention of the broader crypto community, as they can influence market sentiment and trading patterns. The scale of this acquisition underscores ongoing institutional interest in maintaining substantial ETH positions.