"Bitmain Estimated Wallet Purchases Additional 33,401 Ethereum... Worth Approximately ₩219 Billion"
Minseung Kang
Summary
- Bitmain has reportedly made additional purchases of Ethereum, maintaining its position as the company holding the most Ethereum among public companies worldwide.
- A total of 13 wallets, presumed to be affiliated with the company, purchased 33,401 ETH (worth about ₩219 billion) on institutional platforms.
- Since the 4th of this month, these wallets have accumulated a total of 379,000 ETH, with the valuation reaching about $1.8 billion.
Bitmain, the Bitcoin (BTC) mining company that holds the most Ethereum (ETH) among all publicly listed companies worldwide, is reported to have purchased additional Ethereum.
On the 14th, on-chain analyst EmberCN (@EmberCN) stated, "A total of 13 wallet addresses, presumed to be affiliated with Bitmain, collectively purchased an additional 33,401 ETH (worth approximately $158 million) on institutional platforms such as FalconX, Galaxy Digital, and BitGo."
Previously, these addresses have accumulated a total of 379,000 ETH through the same channels since the 4th of this month. The estimated value is about $1.8 billion.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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