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The Ethereum treasury company BitMine spent nearly 20 million dollars two hours ago to increase its holdings by 7080 ETH.
[Coin World] Just noticed an interesting on-chain update - the Ethereum treasury company BitMine made a move two hours ago, sweeping up 7,080 ETH into their reserves, which amounts to about 19.8 million dollars at current prices. Such a level of institutional accumulation is quite noteworthy in the current market environment. It's unclear whether they are optimistic about the future trend of ETH or have some other strategic layout.