BitMine has bought and received 12,500 ETH from BitGo, according to on-chain tracking data cited by ChainCatcher. The transaction was valued at $33.65 million and involved the address 0xE0cd...e22. Onchain Lens said BitMine now holds 4.9% of Ethereum’s total supply, putting it close to the firm’s stated "Alchemy of 5%" target. The update points to a continued buildup in the company’s ETH position, based on the figures disclosed in the monitoring report.
BitMine (0xE0cd...e22) bought and received 12,500 ETH from BitGo in a transaction worth $33.65 million, according to Onchain Lens data cited by ChainCatcher.
Onchain Lens said BitMine now holds 4.9% of Ethereum’s total supply, close to its stated "Alchemy of 5%" target.
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