Bitmine, associated with Tom Lee of Fundstrat, has reportedly acquired 89,026 ETH, valued at approximately $197.64 million. The transaction involved four newly created wallets, which are believed to be linked to Bitmine, receiving the Ethereum from exchanges Kraken and FalconX. This significant purchase highlights ongoing institutional interest in Ethereum.
Bitmine Acquires 89,026 ETH Worth $197.64 Million
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