Last week, Bitmine purchased approximately 44,463 ETH (ETH) worth about $130 million. Following this move, the company's total ETH holdings reached 4,110,525 ETH, which amounts to a position valued at approximately $12 billion. Such significant institutional flows in the Ethereum market are considered one of the key signals influencing market dynamics. Especially, accumulation strategies of this scale reflect long-term investors' confidence in the market.

ETH-0.41%
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HappyToBeDumpedvip
· 5h ago
This move... really a heavy bet Institutions are疯狂囤币, retail investors are still hesitating whether to buy or not Wait, this is what big players should do
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BearMarketMonkvip
· 5h ago
This move... 130 million in one go. Bitmine is really playing a big game. --- Wait, a 12 billion position? You must be very bullish on ETH to go all in like that. --- Actions from major institutions never lie; the funds are speaking. --- Wow, the rhythm is back; is it time to accumulate again? --- Long-term holders still believe, does that mean the bottom has really arrived? --- This strategy... why does it always feel like retail investors are always a step behind? --- Over 44k ETH... just looking at this number is a bit despairing haha.
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ChainMaskedRidervip
· 5h ago
Institutions are hoarding coins like crazy, and retail investors are about to get chopped again
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