BitMine Increases ETH Holdings with 35,000 ETH Purchased in One Day
Data disclosed by blockchain monitoring platform Lookonchain on February 19 revealed that BitMine acquired 15,000 ETH from crypto exchange FalconX within the last 8 hours, valued at approximately $29.57 million.
More notably, the entity has accumulated a total of 35,000 ETH on the same day, with the total value reaching $69.37 million, reflecting strong confidence in the Ethereum ecosystem.
- Single Transaction Amount: 15,000 ETH
- Exchange Source: FalconX
- Total Transaction Value: $69.37 Million
Industry analysts pointed out that such large-scale accumulation could signal growing optimism among institutional investors regarding the long-term prospects of the crypto market.