Ethereum price breaks $1,900: is BitMine’s buying slowdown a warning?
BitMine bought just 7,430 ETH last week, one of its smallest weekly additions versus more than 111,000 ETH in a single week in May, as Tom Lee redirected $86 million into buying back 5.5 million of its own shares at $15.62 average. BitMine now holds 5.78 million ETH, about 4.8% of supply, with ETH trading near $1,880-$1,930.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Invezz.com.
Entities in this story
Want the full article?
Continue reading on Invezz.com →