Bitmine, the Ethereum treasury company tied to Tom Lee, bought another 12,500 ETH through BitGo about five hours before the update cited by BlockBeats on Oct. 7, according to on-chain tracking account Lookonchain. The purchase was valued at about $33.65 million. The report identifies the move as another addition to Bitmine’s ETH holdings and places it in the whale activity category. No other transaction details were disclosed in the source material, and the update was presented as a brief market-moving alert rather than a longer report. The information was published by BlockBeats and attributed to Lookonchain’s monitoring data.
Bitmine, the Ethereum treasury company tied to Tom Lee, bought another 12,500 ETH through BitGo about five hours before the update, according to Lookonchain monitoring cited by BlockBeats on Oct. 7. The purchase was valued at about $33.65 million.
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