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Tom Lee continues to buy ETH! BitMine's latest ETH deposit: 29,462 coins, worth approximately 88.1 million USD.
BitMine continues to execute its Ethereum treasury strategy, receiving 29,462 ETH from BitGo and Kraken addresses (approximately 88.1 million USD at current market prices).
The total ETH holdings increased to 4,066,062 coins, accounting for approximately 3.37% of the circulating supply, with the total value of crypto assets plus cash reaching 13.2 billion USD. The 5% holding target remains unchanged.
This purchase occurred during a period of market fluctuations, and the signals of institutions continuously accumulating against the trend are clearly visible. On-chain transfers further tighten the available circulation on exchanges, providing short-term support for prices, while in the long term, it strengthens the institutional narrative and ecological confidence in ETH!