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CoinNetwork

CoinWorld News reports that Tom Lee’s Bitmine has again repurchased 25,000 Ethereum in the past 12 hours, worth approximately $50.3 million. This purchase brings Bitmine’s total holdings to 5.41 million Ethereum, which is valued at nearly $10.9 billion based on current market prices.

ETH0.54%
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ByteSizedAlpha
· 7h ago
$50.3 million is an astronomical number for ordinary people; for institutions, it's just a routine operation.
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Frictionless
· 10h ago
Tom Lee's trade calls + real money and silver, this is much better than empty talk and bluffing.
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GateUser-fb035825
· 10h ago
Tom Lee is planning to buy ETH as strategic reserves, 5.41 million tokens is way too exaggerated.
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GateUser-0c86a4c9
· 11h ago
12 hours 25k tokens, this DCA strategy is aggressive enough
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Coconut-FlavoredGasFee
· 11h ago
$10.9 billion locked in ETH, who can handle the liquidity crisis when it hits?
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0xLateDinner
· 11h ago
5.41 million ETH, I can't even imagine how many support levels could be broken if a dump happens.
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RugproofGrandma
· 11h ago
In 12 hours, they poured 50 million dollars; retail investors really can't keep up with the speed of institutions.
View OriginalReply0

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