Exchanges· ★★★· bullish·

Bitmine Buys 12,532 More ETH as Tom Lee's Buying 'Stop' Nears

  • —Bitmine bought 12,532 ETH as part of its accumulation strategy
  • —The company is nearing Tom Lee's target for reserve size
  • —Purchases are set to stop once the target is reached
Why it matters: Large corporate ETH purchases support demand and signal institutional conviction in the asset.
Source: Google News (crypto query)