BNB$711.12+0.36%BRENT$107.2+5.92%BTC$77,057-0.33%COPPER$6.43-5.42%DJI$51,994-0.74%DOGE$0.0835+0.07%DXY99.03+0.21%ETH$2,456-0.12%GOLD$4,334-1.46%NDX$29,136-0.97%SILVER$63.84-5.10%SOL$99.23-0.75%SPX$7,589-0.62%US10Y4.95+2.25%VIX17.75+12.91%BNB$711.12+0.36%BRENT$107.2+5.92%BTC$77,057-0.33%COPPER$6.43-5.42%DJI$51,994-0.74%DOGE$0.0835+0.07%DXY99.03+0.21%ETH$2,456-0.12%GOLD$4,334-1.46%NDX$29,136-0.97%SILVER$63.84-5.10%SOL$99.23-0.75%SPX$7,589-0.62%US10Y4.95+2.25%VIX17.75+12.91%
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Bitmine Accumulates 4.9% of Ethereum Supply with 53.5K ETH

Key takeaways

  • Bitmine has purchased Ether for 65 weeks straight, now holding 4.9% of the total supply despite facing $5.1 billion in paper losses during the downturn.

Analysis

Bitmine has purchased Ether for 65 weeks straight, now holding 4.9% of the total supply despite facing $5.1 billion in paper losses during the downturn.

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