Institutions strike again: Bitmine purchases 33,000 ETH from FalconX in a massive buy-in

2025-12-10 23:44:17

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【Chain News】On-chain data has captured another major move. Bitmine has made a significant move this time, sweeping 33,504 ETH from FalconX into its wallet, which is approximately $112 million at the current price.

It is worth noting that this is not the first time—“additional purchase” indicates that this institution has been continuously building up its ETH holdings recently. Such consecutive large-scale buy operations suggest either a bullish outlook on the market or a specific purpose for stockpiling.

Trading through an institutional OTC platform like FalconX also indirectly indicates that this transaction was conducted through a legitimate channel, not something retail investors can handle in such volume.

ETH-4.96%

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TokenSleuth

· 15h ago

Large institutions are continuously accumulating, this rhythm doesn't feel right... it seems something is about to happen --- $112 million was just swept in like that, retail investors are still hesitating whether to buy or not --- It's FalconX again... what are these institutions doing? Do they know something we don't? --- Continuously building positions in ETH, who would dare to play like this without confidence... worth paying attention to --- Bitmine's move indicates they've seen some signals or are just stocking up --- Institution-level OTC volume is what it takes to play; retail investors, just watch --- $112 million in one go isn't enough, they want more... this pace is a bit urgent --- Institutions are quietly stockpiling, while we're still debating on the K-line --- Buying again shows what? This tactic isn't novel anymore

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BlockTalk

· 16h ago

Bitmine is stockpiling again. This rhythm really seems to be a signal. This continuous accumulation by institutions either means they know something we don't or there's some other reason. Retail investors can only watch in silence...

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AirdropHunter9000

· 22h ago

Institutions really can't hold back in this move, continuously spending money to buy ETH. Either they know something we don't, or they're simply accumulating assets and waiting for the right opportunity.

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SwapWhisperer

· 12-11 00:14

Institutions are bottom-fishing, and retail investors can only watch and be amused --- Really? Another OTC bulk trade. How bullish is ETH? --- Bitmine continues to buy... This rhythm seems significant. Is it about to take off? --- Over a billion dollars in volume. I'm just casually watching 😅 --- Institutions are accumulating, but worried that retail investors will be harvested again later --- This buying frequency must be betting on some big news, right? --- OTC transactions follow formal channels, but we're getting filled at bid-ask spreads on the exchange. That's funny. --- 1.12 billion? I haven't even dreamed that big in a year --- Looking again at the small amount of ETH we hold, compared to others, it's really just a drop in the bucket

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LiquidityWitch

· 12-11 00:13

bitmine brewing something sinister in the dark pools again... 33.5k eth? that's not accumulation, that's a transmutation ritual ngl

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Layer2Observer

· 12-11 00:04

The detail of continuous position building is interesting; it depends on whether there will be further follow-up, as single-transaction data can be easily manipulated.

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ImpermanentTherapist

· 12-11 00:02

Institutions are疯狂扫货, we are still hesitant whether to jump in... --- Once again, such large purchases, it feels like they know something --- $112 million, this amount of money can change many people's lives --- Continuing to build positions, it shows they are really optimistic about the upcoming market --- OTC transactions are completed directly, retail investors can only watch and envy --- This pace, it feels like a big event is coming? --- Bitmine's actions are so frequent, we need to keep a close eye

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ser_aped.eth

· 12-11 00:01

Building up positions again so aggressively, this pace is definitely waiting for the right wind to come.

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