Bitmine Buys $97.6 Million Ethereum and Stakes $352 Million More
Tom Lee's Bitmine entity purchased 32,938 ETH worth $97.6 million and staked an additional 118,944 ETH valued at $352.16 million over the past four hours, Lookonchain reported. The on-chain activity was tracked using Arkham Intelligence addresses. This follows previous accumulations by the Fundstrat-backed group amid Ethereum's staking ecosystem growth.