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Bitmine Buys 35,000 ETH Worth $69.37 Million in a Single Day

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According to Odaily, Bitmine spent $69.37 million to purchase 35,000 ETH in a single day. The company bought 15,000 ETH through FalconX for $29.57 million eight hours ago. The ETH market update indicates strong accumulation activity by the firm.

Odaily Planet Daily reports, according to Lookonchain monitoring, Tom Lee’s Bitmine purchased another 15,000 ETH via FalconX eight hours ago, for a total transaction value of approximately $29.57 million.

Data shows that Bitmine purchased a total of 35,000 ETH today, with a total transaction value of approximately $69.37 million.

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