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Bitmain buys 70 million Dollar from #Ethereum with Tom Lee delaying his forecasts for #Bitcoin until January.
Bitmain, owned by Jihan Wu, continues to buy cryptocurrencies when their values drop. They are not looking back: they are accumulating rapidly.
Look On Chain reported that Bitmain purchased 7,080 #ETH on Monday and 16,693 Ethereum on Saturday, worth nearly 70 million Dollar, following large institutional purchases last week ( including the purchase of 96,800 Ethereum by Bitwise ).
Bitmain is indeed the largest digital asset wallet for Ethereum, and it is now on the right track at 62% towards its goal of owning 5% of the total Ethereum.
In a new interview with CN,,BC, he told me that he now expects #BTC to reach its all-time high by the end of January!
#BTC86kJPShock
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