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Bitmine keeps loading up on $ETH. Just this week alone, the crypto outfit has already scooped up at least $229.31M worth of the asset.
The latest move? Two new wallets pulled $88.73M in $ETH from FalconX. Pattern-wise, it mirrors what Bitmine's been doing before—systematic accumulation across multiple withdrawal channels.
This isn't random trading noise. We're looking at deliberate, large-scale buying behavior throughout the week. Whether this signals confidence in upcoming price action or reflects a broader accumulation strategy remains to be seen, but the volume speaks for itself.
They must be cooking up something big, withdrawing in batches from different channels. I'm very familiar with this routine.
Let's wait and see what happens next; it feels like eth is about to da moon.