According to Lookonchain, BitMine, suspected to be associated with Tom Lee, co-founder of Fundstrat, purchased 51,000 ETH approximately two hours ago from FalconX and BitGo, valued at around $126 million.
BitMine purchases 51,000 ETH worth $126 million from FalconX and BitGo
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Summary
ETH news: BitMine, linked to Fundstrat’s Tom Lee, purchased 51,000 ETH from FalconX and BitGo two hours ago. The transaction is valued at approximately $126 million, as tracked by Lookonchain. The ETH update reveals significant institutional activity in the market, with the buy occurring in a single block, indicating a major accumulation event.
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