BitMine Linked to $48.9 Million Purchase of 20,000 More Ether
Suehyeon Lee
Summary
- Tom Lee-led BitMine appears to have bought an additional $48.9 million worth of Ether (ETH).
- On-chain analytics platform Lookonchain said a wallet linked to BitMine received 20,000 Ether from Kraken.
- Lookonchain based its estimate on the transfer record, while BitMine has not officially confirmed the transaction as a purchase.
Forecast Trend Report by Period
BitMine, led by Tom Lee, appears to have bought an additional $48.9 million worth of Ether.
On-chain analytics platform Lookonchain said on August 26 that a wallet linked to BitMine received 20,000 Ether from crypto exchange Kraken.
The tokens were worth about $48.89 million at the time of the transfer, implying a price of roughly $2,445 per Ether.
Lookonchain inferred that BitMine made an additional purchase based on the transfer of Ether from Kraken to a BitMine-linked wallet. BitMine has not officially confirmed the transaction as a purchase.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.