BitMine Appears to Buy 51,000 More Ether Worth $126 Million
Suehyeon Lee
Summary
- BitMine, led by Tom Lee, appears to have bought more than 50,000 additional Ether (ETH).
- Lookonchain said BitMine appeared to have purchased another 51,000 Ether from FalconX and BitGo about two hours earlier.
- The tokens were worth about $126 million, though the analysis was based on on-chain fund flows and the purchase has not been confirmed by an official statement from BitMine.
BitMine, led by Tom Lee, appears to have bought more than 50,000 additional Ether.
On Aug. 31, on-chain analytics firm Lookonchain wrote on X that BitMine seemed to have purchased another 51,000 Ether from FalconX and BitGo about two hours earlier.
The tokens were worth about $126 million at the time of the transaction. Because the analysis was based on on-chain fund flows, the purchase has not been confirmed by an official statement from BitMine.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.