Summary
- It was revealed that Bitmain recently purchased an additional Ethereum worth approximately $69.89 million through Coinbase and FalconX.
- Bitmain reportedly used OTC (over-the-counter) channels over the past few weeks to conduct large-scale accumulated purchases of Ethereum.
- It was noted that despite the recent decline in Ethereum prices, Bitmain has continued steady purchasing.
Bitmain has once again been revealed to have purchased additional Ethereum (ETH).
On the 6th (local time), according to OnChainLens, Bitmain recently accumulated an additional 20,205 ETH (approximately $69.89 million) through Coinbase FalconX.
Over the past few weeks, Bitmain has been accumulating large amounts of Ethereum mainly through OTC (over-the-counter) channels and has continued steady purchases despite the decline.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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