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Bitmine slows down Ethereum purchasing pace, buying $53 million last week.
Bitmine slows down Ethereum purchasing pace, buying $53 million last week.
Ethereum treasury company Bitmine bought $53 million worth of ETH last week, a more than 75% decrease from the frenzy of 112k ETH purchased the previous week.
Next, focus on three things: whether related funds continue to flow in, whether on-chain trading volume and holdings continue to expand, and whether project parties or regulators provide new confirmation information.
A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can solidify into a trend.
Risks should also be on the table: if subsequent transactions and capital flows cannot keep up, the market is very likely to digest it into a one-time pulse.
$eth #链上数据 #Regulation #区块链 #Crypto Market