PANews reported on January 16 that, according to on-chain analyst Ember, Ethereum treasury company Bitmine purchased 24,068 ETH (US$80.57 million) through FalconX 10 hours ago.

In addition, they have been continuously staking ETH recently, and have now staked more than 1.7 million ETH (US$5.65 billion), accounting for 40% of their total ETH holdings (4.17 million ETH).