It's so crazy! 😱 Institutional investors are making huge waves in the Ethereum market!



The BitMex company, led by Wall Street legend analyst Tom Lee, surprisingly switched to a "buy, buy, buy" mode after the market crash in October! 📈 A total of 379,000 ETH, worth about $1.5 billion! This move is just incredible!

What shocked people the most was on October 18th, when ETH dropped to $3750, they actually bought 72,900 coins in one go, spending $281 million! 💸 The courage to buy the dip in such a market, I can only say: that's fierce!

Do you remember when Tom Lee compared Ethereum to the "backbone of the digital economy"? Now he has directly proven this belief with real money! 🔥 Even more exaggerated is his prediction that ETH will reach $10,000 to $15,000 by the end of the year! Although it sounds like a fairy tale, he is voting with billions of dollars!

What left me speechless is that BitMine actually wants to hold 5% of the total supply of Ethereum! 🤯 This means they plan to buy 6 million ETH! Currently, they only hold 379,000 ETH, which means... this buying frenzy has just begun?! Sisters, what do you think about this move? 👀
#BTC #BitMine #Ether
ETH0.65%
BTC0.41%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)