ChainCatcher reported that on-chain data shows Tom Lee’s Bitmine BMNR has purchased an additional 25,000 ETH, with the transaction value disclosed at $41 million. ETH is the native asset of the Ethereum network, and movements involving large purchases are commonly tracked through publicly visible on-chain records. In this case, the newly reported purchase is part of a broader accumulation pattern recorded this week.
Weekly ETH Purchases Reach $205 Million
So far this week, Bitmine BMNR has accumulated a total of 125,000 ETH, with the disclosed value reaching $205 million. Based on the reported amounts and token quantities, both the latest 25,000 ETH purchase and the week-to-date 125,000 ETH total correspond to an implied price of about $1,640 per ETH. The information was attributed to on-chain data and published by ChainCatcher.
In proportional terms, the latest 25,000 ETH purchase represents one-fifth of Bitmine BMNR’s total reported ETH buying volume this week. The $41 million value also equals one-fifth of the week-to-date disclosed purchase value of $205 million. The item is categorized as whale movement, with the core details centered on the ETH increase linked to Tom Lee’s Bitmine BMNR and the cumulative scale of its purchases during the week.