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Bitmain is疯狂购买 ETH, is spring coming?


On-chain data shows that Bitmain purchased 18,271 ETH from the Kraken exchange today, bringing the total purchase amount for the day to 41,792 ETH, with a total value of approximately $147 million. This large-scale buying further confirms that mining companies and institutional players are treating Ethereum as an important asset reserve. This operation is consistent with Bitmain's usual strategy of large-scale accumulation, and it occurs against the backdrop of another Ethereum whale, BMNR, indicating that its ETH holdings account for approximately 2.9% of the total supply.

The two giants are accelerating their accumulation simultaneously, and the market consensus on ETH as the core value of the next-generation financial infrastructure is quite strong. On-chain analysts have detected that Bitmain allegedly received 23,521 ETH through BitGo and then made more on-site purchases. This batch and multi-channel purchasing method is designed to avoid causing a severe impact on market prices, but the ongoing large-scale purchasing behavior is quietly tightening the circulation supply of ETH, laying the foundation for steady long-term growth.
ETH-2.8%
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