X @Lookonchain

Institutional Investment - Bitmine has increased its ETH holdings significantly, indicating strong institutional confidence in ETH [1] - Bitmine's total ETH holdings have reached 1,297,093 ETH, valued at $5.75 billion [1] - In the past 10 hours, Bitmine acquired 106,485 ETH, equivalent to $470.51 million [1] - Bitmine purchased 28,650 ETH, worth $130 million, in a single hour [1] Market Activity - Despite potential panic selling by retail investors, institutions like Bitmine are actively accumulating ETH [1] - Bitmine currently holds 1.174 million ETH, valued at $5.26 billion [1]