PANews reported on September 27th that Arkham monitoring data showed that during the recent market decline, BitMine, the "Ethereum microstrategy platform," received approximately 232,520 ETH, valued at over $900 million, through various over-the-counter (OTC) and trading platforms (such as Coinbase and FalconX). On-chain analyst AB Kuai.Dong noted that, based on previously disclosed information, BitMine only purchased approximately 260,000 ETH throughout the previous week. The recent market decline has accelerated the company's ETH purchases, suggesting that Tom Lee is effectively bottom-fishing.
Analysis: BitMine is suspected of "bottom fishing" during the recent decline by receiving a large amount of ETH from OTC and trading platforms
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Author: PA一线
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