bitmin

Are institutions out there just buying up everything? Bitmine splashes $71.6 million to buy 40,000 ETH—what are they trying to do?

🐋 Institutional funds are now setting their sights on Ethereum!

According to the latest on-chain data, Bitmine, through FalconX and Kraken, purchased an additional 40,000 ETH in one go, worth approximately $71.6 million.💰

Notably, this transaction wasn’t executed directly on an exchange.
Instead, it was carried out via OTC (over-the-counter trading).

Why do this?🤔
Because if large sums buy on an exchange directly,
it can easily cause sharp price volatility.
OTC is better suited for institutions to build large positions—
allowing them to access liquidity while reducing market impact.📊

From the on-chain records,
🔹 FalconX transferred out 20,000 ETH
🔹 Kraken transferred out 20,000 ETH

And before the official transfer,
there were also small test transactions—
which is a common move by institutional players.👀

More importantly,
this isn’t the first time Bitmine has made a major ETH buy.

Previously, the company had already increased its holdings by more than 40,000 ETH.
Now it’s adding again,
which has also prompted the market to wonder:
Are institutions continuously building positions in Ethereum?📈

Of course, a large transfer alone doesn’t mean a rally will start immediately.

But more and more listed companies are allocating ETH,
which also shows that institutional interest in the Ethereum ecosystem
is continuing to heat up.🔥

💬 If institutions keep buying ETH in the future, do you think it still has a chance to outperform Bitcoin?
Feel free to share your thoughts in the comments below👇

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#以太坊 #ETH #BitMin #机构资金退潮 #Bitmine

🚨 A wallet reportedly linked to Bitmine has accumulated another 89,026 ETH worth approximately $197.64 million.
$ETH #BitMin #Whale.Alert

Tom Lee's Ethereum portfolio just took a hit, down $7.35 billion as the ETH price forecast looks grim. The bearish candlestick for $ETH shows a potential drop of 25% towards $1600, putting #Bitmine at risk of paper losses exceeding $10 billion in the coming weeks. Bitmine keeps stacking up on $ETH despite their losses escalating, with ETH down 57% from its peak in August 2025. Technical analysis on ETH indicates a 25% decline, which could push Bitmine's losses over $10 billion. #BitMin #ETH @Binance BiBi $EDEN #TrumpSaysIranDealLargelyNegotiated

$ETH
ETH in the hands of giants, development at the core. 🔷
>
> The Ethereum Foundation just sold another 10,000 ETH to BitMine, Tom Lee’s firm. That raises $22.9M going straight to protocol R&D, community grants, and ecosystem growth.

> This isn’t a market dump. It’s an OTC sale: private, no price pressure. Meanwhile, BitMine now holds 4.19 million ETH in staking, ∼83% of its treasury. That’s $9.5 billion locked up helping secure the network.

> On one side, ETH ETFs pulling in $539M in a month. On the other, the Foundation funding the future and institutional players locking up supply.

> Ethereum doesn’t stop. It builds, funds, and decentralizes. #Ethereum #ETH #BitMin e#EthereumFoundationSellsETHtoBitmineAgain