stableBullishDIGITAL ASSETS
BitMine Purchases Ethereum as Major Holder Shifts Capital from Bitcoin
2 signals from 2 sources·Updated 28 days ago
Momentum
38/100
Affected tickers
ETHBTC
Summary
BitMine Immersion Technologies acquired 32,447 ETH for $81 million, bringing its total holdings to 4.8% of the circulating supply. Simultaneously, investor Jiang Zhuoer is rotating capital from Bitcoin into Ethereum,…
Impact
Contributing sources (2)
- Bitmine buys $81 million in Ethereum as ETH price climbs 31 percent · decrypt.co · 30 days ago
- Tom Lee's BitMine buys $81M in Ethereum as ETH surges past $2,500 · beincrypto.com · 30 days ago
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