coin-img-ETHETH-1.97%coin-img-BTCBTC-1.30%coin-img-SOLSOL-3.59%coin-img-BPBP-8.77%coin-img-SAIMSAIM+346.67%coin-img-AGQAGQ-75.10%coin-img-LUCKLUCK-9.71%coin-img-XRPXRP-2.29%coin-img-ETHETH-1.97%coin-img-BTCBTC-1.30%coin-img-SOLSOL-3.59%coin-img-BPBP-8.77%coin-img-SAIMSAIM+346.67%coin-img-AGQAGQ-75.10%coin-img-LUCKLUCK-9.71%coin-img-XRPXRP-2.29%coin-img-ETHETH-1.97%coin-img-BTCBTC-1.30%coin-img-SOLSOL-3.59%coin-img-BPBP-8.77%coin-img-SAIMSAIM+346.67%coin-img-AGQAGQ-75.10%coin-img-LUCKLUCK-9.71%coin-img-XRPXRP-2.29%coin-img-ETHETH-1.97%coin-img-BTCBTC-1.30%coin-img-SOLSOL-3.59%coin-img-BPBP-8.77%coin-img-SAIMSAIM+346.67%coin-img-AGQAGQ-75.10%coin-img-LUCKLUCK-9.71%coin-img-XRPXRP-2.29%

Bitmine Acquires 50,000 ETH From FalconX, Two-Day Total Reaches 117,111 ETH ($253.3M)

Bitmine, a firm reportedly linked to Fundstrat Global Advisors co-founder Tom Lee, has significantly expanded its Ethereum holdings. The entity recently acquired an additional 50,000 ETH, valued at approximately $108.3 million, through the institutional crypto trading platform FalconX. This latest transaction brings Bitmine's total Ethereum accumulation over a two-day period to a substantial 117,111 ETH, equivalent to $253.3 million. All acquired assets are reportedly held across newly established blockchain wallets, indicating a strategic and large-scale entry or expansion into the Ethereum market by the firm.
ETH
ETH-2.09%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.