BitMine has purchased 6,678 ETH valued at $19.63 million through BitGo, according to Onchain Lens. The transaction, completed on December 24, reflects a resurgence of large-cap buyers in the market, coinciding with robust on-chain trading signals. This acquisition is prompting traders to reassess the risk-to-reward dynamics as significant investments re-enter the cryptocurrency space.
BitMine Acquires 6,678 ETH for $19.63 Million via BitGo
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