Odaily Planet Daily reports, according to Onchain Lens monitoring, a wallet suspected to belong to BitMine (0xa662...1cC23) purchased 10,460 ETH through FalconX, valued at approximately $19.48 million. BitMine holds over 4.8% of the ETH supply, making it the largest publicly listed Ethereum treasury in the world.
BitMine Wallet purchases 10,460 ETH via FalconX, holding over 4.8% of ETH supply
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Summary
A wallet linked to BitMine (0xa662...1cC23) purchased 10,460 ETH through FalconX, valued at approximately $19.48 million. This transaction reinforces its status as the largest publicly listed Ethereum treasury, holding over 4.8% of the total ETH supply. Traders are now analyzing key support and resistance levels following the purchase, which could enhance the risk-to-reward profile for long-term ETH holders.
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