BitMine boosts Ethereum holdings to 2.5% of total ETH supply in strategic dip-buying spree
Tom Lee’s BitMine has bought one other $281 million of ETH, taking the idea of ‘shopping for the dip’ to a complete new stage. When the market bought off, BitMine collected. The firm’s total Ethereum holdings now exceed 3.03 million ETH, roughly 2.5% of the total supply, valued at round $12.9 billion. Blockchain analytics from Lookonchain exhibits extra BitMine-linked wallets receiving over 72,000 ETH ($281 million) in transfers from FalconX and BitGo this week,…
