BitMine recently acquired a total of 106,485 ETH for 470.5 million USD, significantly increasing its holdings to 1,297,093 ETH valued at approximately 5.75 billion USD. This purchase reflects a growing institutional interest in ETH through OTC deals.
An unidentified whale gathered 92,899 ETH, valued around 412 million USD, over four days. This accumulation indicates strong bullish sentiment in the market, aligning with forecasts from Standard Chartered who project ETH could hit 7,500 USD by 2025.
Leave a Reply