Bitmine has made another significant move in the market, acquiring 48,000 ETH in a transaction valued at approximately $140 million. This continuous accumulation strategy during market pullbacks reflects growing institutional confidence in Ethereum's long-term prospects. Major players keep viewing dips as buying opportunities, signaling their conviction on the asset's fundamentals and future potential.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
8
Repost
Share
Comment
0/400
NFTArtisanHQ
· 14h ago
ngl the way institutions are hoovering up eth during dips... it's giving mechanical reproduction energy. like benjamin would've had a field day deconstructing this narrative of "conviction" through the lens of pure capital accumulation vs actual belief in the paradigm shift
Reply0
SchroedingerAirdrop
· 12-17 08:51
The big players are buying the dip again, 48,000 ETH... they really dare to invest this much.
View OriginalReply0
GateUser-44a00d6c
· 12-17 08:51
Bro, this move is really brilliant. Buy on the dip—that's the way big funds play.
View OriginalReply0
SerumSquirrel
· 12-17 08:44
Here comes another bottom-fishing, big investors really can't stay idle.
View OriginalReply0
ser_ngmi
· 12-17 08:44
Still stacking up, big players are really fearless. I just want to know when I can break even.
View OriginalReply0
BearMarketBro
· 12-17 08:41
Large institutions are starting to stockpile. This wave of decline is not a bear market at all; it's the mechanism absorbing the supply.
View OriginalReply0
IronHeadMiner
· 12-17 08:29
Institutional bottom-fishing is happening again, this time it's Bitmine... I'm cracking up.
View OriginalReply0
OldLeekNewSickle
· 12-17 08:28
Institutions are buying the dip again. It seems I, as a retail investor, need to tighten up even more. No, I should say I need to be more nervous, haha.
Bitmine has made another significant move in the market, acquiring 48,000 ETH in a transaction valued at approximately $140 million. This continuous accumulation strategy during market pullbacks reflects growing institutional confidence in Ethereum's long-term prospects. Major players keep viewing dips as buying opportunities, signaling their conviction on the asset's fundamentals and future potential.