Markets· ★★★· bullish·

BitMine buys another 12,500 ETH for $33.65M, holdings reach 4.9% of supply

  • —Bought 12,500 ETH for $33.65M from BitGo
  • —Holdings now ~4.9% of the 122.1M ETH supply
  • —Target remains 5% of total Ethereum supply
Why it matters: The largest corporate ETH holder keeps accumulating, tightening free float and adding pressure on price.
Source: Bloomingbit