1h ago
Bitmine Accumulates 32,938 ETH and Stakes 118,944 ETH Amid $8.59B Liquidation Cluster
Bitmine, which Lookonchain associates with Fundstrat's Tom Lee, acquired 32,938 ETH worth around $97.6 million and staked a further 118,944 ETH valued at about $352.16 million within four hours, based on Arkham-tracked transfers. At the same time, a Coinglass liquidation map highlighted roughly $4.54 billion of shorts and $4.05 billion of longs on Ether that could be liquidated if price moves about 10% in either direction.