BlockBeats message, August 11: According to on-chain analysts, Yu Jin monitored, after Ethereum’s treasury company BitMine saw ETH falling, it "bought the dip." About 5 minutes ago, it received 13,000 ETH (approximately $24.36 million) from BitGo.

This "dip-buying" speed from institutions—retail investors watching it had nothing but praise 😇 Dip goes down, they buy; buy is finished, they even post the invoice—discipline is on another level. So the bottom was basically bought by them, wasn’t it?

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