Exchanges· ★★★· bullish·

Bitmine buys 12,500 ETH worth $34.55M, withdrawing from Kraken

  • —Bitmine withdrew 12,500 ETH worth $34.55M from Kraken
  • —The purchase was flagged by on-chain tracker Lookonchain
  • —The company keeps building its ETH treasury under Tom Lee
Why it matters: Large corporate ETH purchases support demand and signal institutional confidence in Ethereum.
#ETH
Source: PANews
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