Bitmain has reportedly acquired 34,000 Ethereum (ETH) tokens in a transaction valued at $135 million from FalconX, a leading prime broker in institutional crypto trading. This significant purchase, highlighted by analyst Emmett Gallic, has sparked discussions regarding Bitmain's strategic objectives and the potential impact on the cryptocurrency market. The acquisition underscores Bitmain's continued interest in expanding its digital asset holdings amid evolving market dynamics.