Lookonchain reported that BitMine, associated with Tom Lee of Fundstrat, purchased an additional 22,676 ETH ((68.67 million USD)) via a BitGo wallet, after accumulating 41,946 ETH ((130.78 million USD)) just a few hours earlier, according to fund flow data recorded by Arkham Intelligence.
According to company reports and market filings, BitMine Immersion Technologies currently holds 3.73 million ETH, equivalent to about 3% of the total supply, after accumulating more than 96,000 ETH just last week.
The buying activity amid the decline in ETH price in December 2025 indicates institutional confidence in Ethereum upgrades such as Fusaka, even though BMNR stock and ETH continue to experience short-term volatility.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Bottom In at $2,156, Says Tom Lee! Spike Soon?
Ethereum shows signs of stabilization with long-term holders increasing positions despite cautious institutional ETF outflows. This suggests a potential market bottom, though recovery may take time influenced by external factors.
Coinfomania47m ago
CFTC Allows Bitcoin and Ethereum as Margin Collateral
CFTC permits Bitcoin, Ethereum, and stablecoins as margin collateral with strict valuation haircuts and risk controls applied.
Stablecoins receive lower capital charges than BTC and ETH, reflecting reduced volatility in margin calculations.
Firms must meet reporting, cybersecurity, and
CryptoFrontNews51m ago
Trend Research transferred 0.852 ETH to an agent of "BTC OG insider mega whale"
Gate News report: On March 21, according to Lookonchain monitoring, Trend Research transferred 0.852 ETH to Garrett Jin, the agent of "BTC OG insider whale," valued at approximately $1,840.
GateNews1h ago
In the past 24 hours, the entire network liquidated $109 million, with long positions accounting for over 70% of liquidations.
Gate News reports that on March 21, according to CoinAnk data, the entire network liquidated $109 million in the past 24 hours, of which long positions liquidated approximately $77.55 million and short positions liquidated approximately $31.51 million. By coin type, Bitcoin liquidations were approximately $42.84 million and Ethereum liquidations were approximately $13.68 million.
GateNews2h ago
CZ Reflects on Ethereum’s Early Days and Crypto Evolution
At the DC Blockchain Summit 2026, CZ reflected on Ethereum's humble beginnings, emphasizing its evolution from a niche idea to a foundational platform in the crypto industry. He outlined the transformation of the cryptocurrency landscape and predicted continued mainstream adoption driven by institutional involvement and regulatory clarity.
Coinfomania2h ago
