BitMine Buys 65,000 ETH in a Day, Signaling Stronger Ethereum Demand

Source

Suehyeon Lee

Summary

BitMine, led by Tom Lee, has emerged as a major buyer of Ether over the past day.
Cointelegraph said BitMine accumulated about 65,000 ETH over the previous 24 hours.
In its latest transactions, the company bought an additional 20,000 ETH, indicating the buying trend is continuing in the short term.

Forecast Trend Report by Period

BitMine, led by Tom Lee, has emerged as a major buyer of Ether over the past day.

Cointelegraph reported on April 30 that the company accumulated about 65,000 ETH over the previous 24 hours, worth roughly $147 million.

Its latest transactions showed an additional purchase of 20,000 ETH, valued at about $44.8 million. The move indicates the buying spree is continuing in the short term.

ETH