Mining firm BitMine Immersion just scooped up another 138,452 ETH for their corporate treasury. Their total Ethereum stash? Over $12 billion now. That's some serious conviction in ETH's long-term play. Institutional accumulation like this doesn't happen in a vacuum—these players are clearly positioning for something bigger down the road.

ETH-3.27%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
PanicSellervip
· 12-08 19:50
This buying strength... is really betting on the future of ETH.
View OriginalReply0
ponzi_poetvip
· 12-08 19:48
Institutions are frantically accumulating coins. Is it time for us retail investors to get in?
View OriginalReply0
NotSatoshivip
· 12-08 19:42
When large funds accumulate like this, it does carry a bit of a signal.
View OriginalReply0
AirdropHuntervip
· 12-08 19:40
Damn, this move... really full of conviction, no wonder they're hoarding so much.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)