Bitmine Ramps Accumulation Toward 5 Million ETH as Whales Join In
BeInCrypto
Bitmine Immersion Technologies is aggressively accumulating Ethereum, nearing its goal of holding 5 million tokens as other large investors also increase their positions.Summary
Bitmine Immersion Technologies (BMNR) is intensifying its efforts to acquire 5% of Ethereum's total circulating supply. Following a massive purchase of over 100,000 ETH, the firm's total holdings have surpassed 5 million tokens. This accumulation strategy is bolstered by significant activity from other market whales, who have been actively withdrawing large amounts of Ethereum from exchanges like Binance, signaling strong institutional and large-scale investor conviction in the asset despite recent price volatility.
(Source：BeInCrypto)