2025-12-11 04:23:42

Bitmine's ETH accumulation continues. The firm just scooped up another 33,504 ETH—around $112 million—directly from FalconX. That's a substantial buy in a single move. Their holdings keep climbing, and this kind of institutional activity usually signals confidence or strategic positioning. Worth watching how this plays out as ETH navigates current market conditions.

ETH0,03%

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.

21 Likes

Reward
21
8
Repost
Share

Comment

0/400

PaperHandSister

· 2025-12-12 17:23

Large investors are silently accumulating, while retail investors are still hesitating whether to buy or not

View OriginalReply0

AirdropBuffet

· 2025-12-12 04:46

Institutions are frantically buying up; this signal has some significance.

View OriginalReply0

BlockchainBouncer

· 2025-12-11 04:53

bitmine's move is quite bold, consuming over 33k ETH at once... Are they betting on ETH's rise?

View OriginalReply0

DefiEngineerJack

· 2025-12-11 04:52

ngl, bitmine's been lowkey accumulating like they know something we don't... $112m in one rip is *not* casual money movement. formal analysis would suggest this is either institutional conviction or they're positioning for something non-trivial. empirically speaking, this kind of whale behavior usually precedes volatility. curious whether they've stress-tested their custody setup tho 👀

Reply0

JustHodlIt