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#Bitmine增持10万枚ETH ETH This buy order is extremely strong. Tom Lee has made a move again. BitMine bought 126.9k ETH in one go. Worth $213 million.
This is not an ordinary increase in position.
Tom Lee's affiliated company, BitMine, has purchased another 126,971 Ethereum, totaling approximately $213 million.
Placed in the current market environment, this carries significant weight. ETH was hammered hard earlier, with whale liquidations, DeFi leverage positions, and market panic all weighing on the chart, and many are beginning to doubt whether this round of ETH has completely lost its main trend.
But this $126.9k buy by BitMine is like directly casting a vote of confidence in ETH with real money.
What’s truly worth watching is not how much they bought, but that they chose to buy in such a weak environment.
When the market is most panicked, retail investors are asking if it will continue to fall, while institutional funds have already started re-accumulating.
This is the most delicate point about ETH right now:
The candlestick chart still looks weak,
but large funds have already started entering.
If this kind of buying continues later,
the narrative of ETH’s bottom will become increasingly solid.
This is not an ordinary accumulation.
Tom Lee's BitMine has bought another 126,971 Ethereum, worth approximately $213 million.
In the current market environment, this news carries a lot of weight. ETH was hammered hard earlier, with whale liquidations, DeFi leverage positions, and market panic all weighing on the chart, and many people are starting to doubt whether this round of ETH has completely lost its main trend.
But this $126.9k purchase by BitMine is equivalent to directly casting a vote of confidence in ETH with real money.
What’s truly worth watching is not how much they bought, but that they chose to buy in this weak environment. When the market is most panicked, retail investors are asking if it will continue to fall, while institutional funds have already started to buy again.
This is the most delicate point about ETH right now:
The candlestick chart still looks weak,
but large funds have already started to enter.
If this kind of buying continues,
ETH’s bottom narrative will become increasingly solid.