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BitMine

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-WaqasAkhtar
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Bullish
BitMine Expands Ethereum Holdings After Market Crash ⚡ 💭 Is smart money quietly buying the dip in Ethereum? 💬 BitMine, led by Ethereum bull Tom Lee, has added 379,271 ETH — worth roughly $1.5 billion — following the sharp market downturn on October 11. According to blockchain data reported by PANews, BitMine — an Ethereum-focused treasury firm — increased its reserves during last weekend’s sell-off, signaling confidence in the asset’s long-term fundamentals. Tom Lee told CNBC that the recent leverage-driven crash left many investors “licking their wounds,” but he believes this is not the peak of the cycle. Instead, he described the current phase as a short-term bottom, suggesting accumulation and recovery efforts are already underway. BitMine’s move aligns with Lee’s long-held view that Ethereum will become the backbone of the digital economy — powering finance, AI, and decentralized infrastructure over the next decade. 🔔 Accumulation during fear phases often signals institutional conviction. Watching how ETH responds in the coming weeks could reveal whether this rebound has real momentum. ⚡ Ethereum’s story isn’t just about price — it’s about belief in what comes next. ⚠️ This post is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed professional before investing. #Write2Earn #creatorpad #Ethereum #Market_Update #bitmine $ETH {spot}(ETHUSDT)
BitMine Expands Ethereum Holdings After Market Crash ⚡

💭 Is smart money quietly buying the dip in Ethereum?

💬 BitMine, led by Ethereum bull Tom Lee, has added 379,271 ETH — worth roughly $1.5 billion — following the sharp market downturn on October 11.

According to blockchain data reported by PANews, BitMine — an Ethereum-focused treasury firm — increased its reserves during last weekend’s sell-off, signaling confidence in the asset’s long-term fundamentals.
Tom Lee told CNBC that the recent leverage-driven crash left many investors “licking their wounds,” but he believes this is not the peak of the cycle.
Instead, he described the current phase as a short-term bottom, suggesting accumulation and recovery efforts are already underway.
BitMine’s move aligns with Lee’s long-held view that Ethereum will become the backbone of the digital economy — powering finance, AI, and decentralized infrastructure over the next decade.

🔔 Accumulation during fear phases often signals institutional conviction.
Watching how ETH responds in the coming weeks could reveal whether this rebound has real momentum.

⚡ Ethereum’s story isn’t just about price — it’s about belief in what comes next.

⚠️ This post is for informational purposes only and does not constitute financial advice.
Always conduct your own research and consult a licensed professional before investing.

#Write2Earn
#creatorpad
#Ethereum
#Market_Update
#bitmine

$ETH
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Bullish
Cointelegraph _ A Week in Review ‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ — #Strike CEO _ Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. ‘Ethereum could flip Bitcoin’ like Wall Street flipped gold: Tom Lee _ #Bitmine ’s Tom Lee says that Ethereum will eventually flip Bitcoin’s market cap, despite being almost five times smaller currently. #Ripple seeks to buy $1 billion XRP tokens for new treasury: Report _ Ripple Labs is already a significant XRP holder, with its market report from earlier this year revealing it had 4.5 billion tokens in its stash, with another 37 billion locked in escrow. Bitcoin 'bull run is over,' traders say, with 50% BTC price crash warning _ Bitcoin’s drop below key support levels today could be a sign that the 2025 bull run is over, as a trader sets $52,000 as the bear market target. Swiss regulator GESPA takes aim at #FIFA ’s NFT platform in formal complaint _ Switzerland's nationwide gambling authority said that user rewards on the platform feature the element of chance, categorizing them as gambling. Ocean, Fetch.ai feud escalates to legal threats as #Binance restricts deposits _ Fetch.ai CEO Humayun Sheikh accused Ocean Protocol of mishandling ASI tokens, pledging to fund class-action suits to “expose the truth.”  Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead" $BTC $ETH $XRP {future}(BTCUSDT) {future}(ETHUSDT) {future}(XRPUSDT)
Cointelegraph _ A Week in Review

‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ — #Strike CEO _ Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low.

‘Ethereum could flip Bitcoin’ like Wall Street flipped gold: Tom Lee _ #Bitmine ’s Tom Lee says that Ethereum will eventually flip Bitcoin’s market cap, despite being almost five times smaller currently.

#Ripple seeks to buy $1 billion XRP tokens for new treasury: Report _ Ripple Labs is already a significant XRP holder, with its market report from earlier this year revealing it had 4.5 billion tokens in its stash, with another 37 billion locked in escrow.

Bitcoin 'bull run is over,' traders say, with 50% BTC price crash warning _ Bitcoin’s drop below key support levels today could be a sign that the 2025 bull run is over, as a trader sets $52,000 as the bear market target.

Swiss regulator GESPA takes aim at #FIFA ’s NFT platform in formal complaint _ Switzerland's nationwide gambling authority said that user rewards on the platform feature the element of chance, categorizing them as gambling.

Ocean, Fetch.ai feud escalates to legal threats as #Binance restricts deposits _ Fetch.ai CEO Humayun Sheikh accused Ocean Protocol of mishandling ASI tokens, pledging to fund class-action suits to “expose the truth.” 

Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"

$BTC $ETH $XRP

#Bitmine boosts #Ethereum holdings to 2.5% of total ETH supply in strategic dip-buying spree Tom Lee's BitMine Immersion Technologies has made yet another purchase of $ETH as large investors position into weakness.
#Bitmine boosts #Ethereum holdings to 2.5% of total ETH supply in strategic dip-buying spree
Tom Lee's BitMine Immersion Technologies has made yet another purchase of $ETH as large investors position into weakness.
My 30 Days' PNL
2025-09-20~2025-10-19
+$171.04
+18.13%
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Bullish
Tom Lee’s BitMine Goes on a $1.5B ETH Shopping Spree Wow — I had to read this news a lot times to believe it. Famous strategist Tom Lee’s BitMine has been aggressively buying ETH ever since the October 11 crash. As of now, they’ve accumulated 379,271 ETH, worth roughly $1.5 billion USD at current prices. The wildest move came on October 18, when ETH dipped to around $3,750 — BitMine bottomed out and scooped up 72,898 ETH, a single-day purchase worth $280 million. Buying at that scale in the middle of a market panic? That’s pure conviction. Tom Lee has long called ETH the “backbone of the digital economy.” Now he’s putting his money where his mouth is — literally. He even predicts that by year-end, ETH could reach $10,000–$15,000, a bold call, but one backed by billions. Reportedly, BitMine’s long-term goal is to hold 5% of all ETH in existence. With the total supply around 120 million ETH, that’s a target of 6 million ETH — meaning they’re still just getting started. If this buying spree continues, BitMine might just become one of the largest ETH holders in the world. #Ethereum #TomLee #BitMine #CryptoWhales #ETHETFsApproved {spot}(ETHUSDT)
Tom Lee’s BitMine Goes on a $1.5B ETH Shopping Spree

Wow — I had to read this news a lot times to believe it.

Famous strategist Tom Lee’s BitMine has been aggressively buying ETH ever since the October 11 crash. As of now, they’ve accumulated 379,271 ETH, worth roughly $1.5 billion USD at current prices.

The wildest move came on October 18, when ETH dipped to around $3,750 — BitMine bottomed out and scooped up 72,898 ETH, a single-day purchase worth $280 million. Buying at that scale in the middle of a market panic? That’s pure conviction.

Tom Lee has long called ETH the “backbone of the digital economy.” Now he’s putting his money where his mouth is — literally. He even predicts that by year-end, ETH could reach $10,000–$15,000, a bold call, but one backed by billions.

Reportedly, BitMine’s long-term goal is to hold 5% of all ETH in existence. With the total supply around 120 million ETH, that’s a target of 6 million ETH — meaning they’re still just getting started.

If this buying spree continues, BitMine might just become one of the largest ETH holders in the world.

#Ethereum #TomLee #BitMine #CryptoWhales #ETHETFsApproved
#Bitmine boosts #Ethereum holdings to 2.5% of total ETH supply in strategic dip-buying spree Tom Lee's BitMine Immersion Technologies has made yet another purchase of $ETH as large investors position into weakness.
#Bitmine boosts #Ethereum holdings to 2.5% of total ETH supply in strategic dip-buying spree
Tom Lee's BitMine Immersion Technologies has made yet another purchase of $ETH as large investors position into weakness.
My 30 Days' PNL
2025-09-20~2025-10-19
+$171.04
+18.13%
BitMine has amassed $1.5B in Ether (379,271 ETH) since the recent crypto market crash, despite Fundstrat’s Tom Lee warning that the digital asset treasury (DAT) bubble may have burst. BitMine, the largest ETH treasury company, holds 3M ETH ($11.7B), 2.5% of the total supply, aiming for 5%. Purchases include 202,037 ETH post-crash, 104,336 ETH on Thursday, and 72,898 ETH on Saturday, per Arkham Intelligence and BMNR Bullz. Lee remains bullish on ETH, telling ARK Invest’s Cathie Wood that Ethereum could surpass Bitcoin, akin to equities overtaking gold post-1971. However, he noted many DATs trade below their net asset value, hinting at a potential bubble burst. Will BitMine’s bold strategy pay off? #Crypto #Ethereum #BitMine #MarketCrash #Investing
BitMine has amassed $1.5B in Ether (379,271 ETH) since the recent crypto market crash, despite Fundstrat’s Tom Lee warning that the digital asset treasury (DAT) bubble may have burst.



BitMine, the largest ETH treasury company, holds 3M ETH ($11.7B), 2.5% of the total supply, aiming for 5%.




Purchases include 202,037 ETH post-crash, 104,336 ETH on Thursday, and 72,898 ETH on Saturday, per Arkham Intelligence and BMNR Bullz.





Lee remains bullish on ETH, telling ARK Invest’s Cathie Wood that Ethereum could surpass Bitcoin, akin to equities overtaking gold post-1971.


However, he noted many DATs trade below their net asset value, hinting at a potential bubble burst. Will BitMine’s bold strategy pay off? #Crypto #Ethereum #BitMine #MarketCrash #Investing
🚨 Bitmine Buys 379,271 $ETH Worth $1.48B During the Dip! 💥In a bold move that’s shaking up the crypto world, Bitmine, one of the most aggressive institutional players in digital assets, has purchased 379,271 Ethereum ($ETH) — worth nearly $1.48 billion — during the recent market dip! 😱💰 💎 Buying the Fear While retail traders panicked and sold off during the correction, Bitmine went on a massive accumulation spree, signaling strong confidence in Ethereum’s long-term strength. The timing couldn’t have been more strategic — ETH briefly dipped below $2,400, giving deep-pocketed investors a golden opportunity to load up before the next macro wave. 🌊 “This kind of aggressive accumulation shows smart money is preparing for what’s next,” said one analyst. ⚡ Why This Move Matters Ethereum remains the core infrastructure of Web3, powering DeFi, NFTs, and layer-2 ecosystems like Arbitrum and Base. With upcoming scalability upgrades and ETH’s deflationary model, many institutions see it as digital oil — essential and scarce. ⛽ If Bitmine’s accumulation is any indication, institutional conviction is growing, even as short-term traders fear volatility. 📊 The Big Picture ETH Holdings: 379,271 ETH Value: $1.48 Billion Average Buy Range: Estimated $2,350 – $2,450 Timing: Bought during one of the largest liquidation days of 2025 Analysts believe such large-scale institutional buys could tighten ETH supply on exchanges and fuel a stronger rebound heading into Q4. 🚀 🟢 Final Take While others fear dips, institutions buy the future — and Bitmine’s $1.48B ETH bet proves it. If history repeats itself, this may be remembered as one of the boldest accumulation plays of the year. 💎🙌 #Ethereum #ETHETFS #Bitmine #BinanceSquareFamily #Write2Earn

🚨 Bitmine Buys 379,271 $ETH Worth $1.48B During the Dip! 💥

In a bold move that’s shaking up the crypto world, Bitmine, one of the most aggressive institutional players in digital assets, has purchased 379,271 Ethereum ($ETH) — worth nearly $1.48 billion — during the recent market dip! 😱💰
💎 Buying the Fear
While retail traders panicked and sold off during the correction, Bitmine went on a massive accumulation spree, signaling strong confidence in Ethereum’s long-term strength.
The timing couldn’t have been more strategic — ETH briefly dipped below $2,400, giving deep-pocketed investors a golden opportunity to load up before the next macro wave. 🌊
“This kind of aggressive accumulation shows smart money is preparing for what’s next,” said one analyst.
⚡ Why This Move Matters
Ethereum remains the core infrastructure of Web3, powering DeFi, NFTs, and layer-2 ecosystems like Arbitrum and Base. With upcoming scalability upgrades and ETH’s deflationary model, many institutions see it as digital oil — essential and scarce. ⛽
If Bitmine’s accumulation is any indication, institutional conviction is growing, even as short-term traders fear volatility.
📊 The Big Picture
ETH Holdings: 379,271 ETH
Value: $1.48 Billion
Average Buy Range: Estimated $2,350 – $2,450
Timing: Bought during one of the largest liquidation days of 2025
Analysts believe such large-scale institutional buys could tighten ETH supply on exchanges and fuel a stronger rebound heading into Q4. 🚀
🟢 Final Take
While others fear dips, institutions buy the future — and Bitmine’s $1.48B ETH bet proves it.
If history repeats itself, this may be remembered as one of the boldest accumulation plays of the year. 💎🙌
#Ethereum #ETHETFS #Bitmine #BinanceSquareFamily #Write2Earn
💪 #TomLee Says "Buy the Dip"—And Just Dropped $417M to Prove It 💪 #Bitmine chairman Tom Lee is calling this pullback a "golden opportunity" and backing it up big time. His firm just moved 177,234 $ETH —worth $698 million into their wallets during the drop. His take? Most fund managers are underperforming and will be forced to buy back in soon, fueling a rebound. Plus, Powell hinted at rate cuts, which means more liquidity for crypto. #Ethereum is battling key levels between $3,870-$3,920. Break above and we're heading to $4,400. A mystery whale also grabbed $17 million in ETH during the dip. When institutions put half a billion behind their words, pay attention. This could be one of those scary moments that pays off. 🔥 #WhaleAlert #Write2Earn
💪 #TomLee Says "Buy the Dip"—And Just Dropped $417M to Prove It 💪

#Bitmine chairman Tom Lee is calling this pullback a "golden opportunity" and backing it up big time. His firm just moved 177,234 $ETH —worth $698 million into their wallets during the drop.
His take? Most fund managers are underperforming and will be forced to buy back in soon, fueling a rebound. Plus, Powell hinted at rate cuts, which means more liquidity for crypto.

#Ethereum is battling key levels between $3,870-$3,920. Break above and we're heading to $4,400. A mystery whale also grabbed $17 million in ETH during the dip. When institutions put half a billion behind their words, pay attention. This could be one of those scary moments that pays off. 🔥

#WhaleAlert #Write2Earn
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Bullish
Bitmine bought a total of 379,271 $ETH ($1.48B) during the dip! It just added another 72,898 ETH ($281M), on top of 104,336 ETH ($417M) purchased 2 days ago. Earlier this week, Tom Lee also revealed #Bitmine scooped up 202,037 #ETH after the weekend crash. Bullish 🔥
Bitmine bought a total of 379,271 $ETH ($1.48B) during the dip!

It just added another 72,898 ETH ($281M), on top of 104,336 ETH ($417M) purchased 2 days ago.

Earlier this week, Tom Lee also revealed #Bitmine scooped up 202,037 #ETH after the weekend crash.

Bullish 🔥
ETHUSDC
Opening Long
Unrealized PNL
-17,197.64USDT
🚀 BULLISH: 💎 Bitmine bought a total of 379,271 $ETH ($1.48B) during the dip! 🔥 Just added 72,898 ETH ($281M) — on top of 104,336 ETH ($417M) from 2 days ago. 📈 Earlier this week, Tom Lee revealed Bitmine also scooped 202,037 ETH 👀 {future}(ETHUSDT) #Ethereum #ETH #Bitmine #CryptoWhales
🚀 BULLISH:

💎 Bitmine bought a total of 379,271 $ETH ($1.48B) during the dip!

🔥 Just added 72,898 ETH ($281M) — on top of 104,336 ETH ($417M) from 2 days ago.

📈 Earlier this week, Tom Lee revealed Bitmine also scooped 202,037 ETH 👀




#Ethereum #ETH #Bitmine #CryptoWhales
#BITMINE STACKS $ETH : $1.48B BUY SIGNAL! 💎 During the recent dip, BitMine bought a total of 379,271 $ETH ($1.48B)! 💰 And they didn’t stop there: 72,898 $ETH ($281M) added recently 104,336 #ETH ($417M) purchased 2 days ago Earlier this week, 202,037 ETH scooped up after the weekend crash {spot}(ETHUSDT) #ETH DYOR
#BITMINE STACKS $ETH : $1.48B BUY SIGNAL! 💎

During the recent dip, BitMine bought a total of 379,271 $ETH ($1.48B)! 💰

And they didn’t stop there:
72,898 $ETH ($281M) added recently
104,336 #ETH ($417M) purchased 2 days ago
Earlier this week, 202,037 ETH scooped up after the weekend crash

#ETH
DYOR
🚨BULLISH: Bitmine bought a total of 379,271 $ETH ($1.48B) during the dip! It just added another 72,898 ETH ($281M), on top of 104,336 ETH ($417M) purchased 2 days ago. Earlier this week, Tom Lee also revealed BitMine scooped up 202,037 #ETH after the weekend crash. Same narrative with BingX AI Master. The exchange just introduced two new AI strategists called Soros, the Alchemist and Ansem, the Sol Seer. These AI strategists are built to analyze real-time market data, identify profitable opportunities, and support traders in making smarter, faster, and data-driven trading decisions. #Bitmine #PowellRemarks #FedRateCutExpectations
🚨BULLISH: Bitmine bought a total of 379,271 $ETH ($1.48B) during the dip!

It just added another 72,898 ETH ($281M), on top of 104,336 ETH ($417M) purchased 2 days ago.

Earlier this week, Tom Lee also revealed BitMine scooped up 202,037 #ETH after the weekend crash.

Same narrative with BingX AI Master. The exchange just introduced two new AI strategists called Soros, the Alchemist and Ansem, the Sol Seer.

These AI strategists are built to analyze real-time market data, identify profitable opportunities, and support traders in making smarter, faster, and data-driven trading decisions.

#Bitmine #PowellRemarks #FedRateCutExpectations
🚨 Tom Lee Says Market Dip = Opportunity as BitMine Accelerates ETH Accumulation Market volatility is back — but not everyone is spooked. BitMine’s Tom Lee is urging investors to stay calm, calling the recent correction a “golden opportunity” rather than the start of a prolonged downturn. According to Lee, market pessimism is being driven by: U.S. tariffs uncertainty Deleveraging across credit markets Seasonal October volatility Yet he notes that only 22% of fund managers are outperforming their benchmarks, meaning many will likely “chase performance” soon — a catalyst that could accelerate a rebound. Why Lee remains bullish: ✅ BitMine added $417M in ETH, moving 104K+ ETH into new wallets ✅ Signals long-term conviction accumulation, not short-term speculation ✅ Ethereum projected to reach $10K–$12K by end of 2025 Lee’s stance echoes Arthur Hayes’ view that current turbulence is “just background noise” before the next expansion phase in digital assets. “BTFD — that’s our take.” With institutional buying underway and a supply-constrained ETH roadmap ahead, some believe this pullback may become the moment capital rotation begins — not ends. #BitMine #Crypto #Ethereum #Crypto https://coingape.com/bitmines-tom-lee-calls-dip-golden-opportunity-as-trump-sets-meeting-with-china-on-u-s-tariffs/?utm_source=coingape&utm_medium=linkedin
🚨 Tom Lee Says Market Dip = Opportunity as BitMine Accelerates ETH Accumulation
Market volatility is back — but not everyone is spooked.
BitMine’s Tom Lee is urging investors to stay calm, calling the recent correction a “golden opportunity” rather than the start of a prolonged downturn. According to Lee, market pessimism is being driven by:
U.S. tariffs uncertainty
Deleveraging across credit markets
Seasonal October volatility
Yet he notes that only 22% of fund managers are outperforming their benchmarks, meaning many will likely “chase performance” soon — a catalyst that could accelerate a rebound.
Why Lee remains bullish:
✅ BitMine added $417M in ETH, moving 104K+ ETH into new wallets
✅ Signals long-term conviction accumulation, not short-term speculation
✅ Ethereum projected to reach $10K–$12K by end of 2025
Lee’s stance echoes Arthur Hayes’ view that current turbulence is “just background noise” before the next expansion phase in digital assets.
“BTFD — that’s our take.”
With institutional buying underway and a supply-constrained ETH roadmap ahead, some believe this pullback may become the moment capital rotation begins — not ends.
#BitMine #Crypto #Ethereum #Crypto
https://coingape.com/bitmines-tom-lee-calls-dip-golden-opportunity-as-trump-sets-meeting-with-china-on-u-s-tariffs/?utm_source=coingape&utm_medium=linkedin
📉 Tom Lee: Bearish Sentiment Could Spark a Year-End Rally Fundstrat co-founder and BitMine chairman Tom Lee said the crypto market is currently in a “cautious” phase, citing last week’s major deleveraging, fears of a private credit “cockroach crisis” (a term used by Jamie Dimon to describe hidden risks in the $3 trillion U.S. private credit sector), and October’s historical volatility. However, Lee views this caution as a contrarian signal. With most fund managers underperforming their benchmarks, he expects aggressive positioning before year-end. His message to investors: “BTFD — Buy The Fking Dip.” #Fundstrat #Bitmine #BTFD #BTC #ETH #Web3
📉 Tom Lee: Bearish Sentiment Could Spark a Year-End Rally


Fundstrat co-founder and BitMine chairman Tom Lee said the crypto market is currently in a “cautious” phase, citing last week’s major deleveraging, fears of a private credit “cockroach crisis” (a term used by Jamie Dimon to describe hidden risks in the $3 trillion U.S. private credit sector), and October’s historical volatility.


However, Lee views this caution as a contrarian signal. With most fund managers underperforming their benchmarks, he expects aggressive positioning before year-end. His message to investors: “BTFD — Buy The Fking Dip.”

#Fundstrat #Bitmine #BTFD #BTC #ETH #Web3
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Bullish
#Bitmine just purchased 203,433 $ETH (worth $800M at ~$3,935 each) through FalconX and BitGo OTC desks this week — plus another 72,898 #ETH in the past five hours. They’re now halfway to their target of owning 5% of Ethereum’s total supply (around 3 million ETH). By using OTC desks, they’re able to accumulate aggressively without affecting spot prices. The market’s fear index is sitting at 22, yet Bitmine is buying harder than ever — a classic case of smart money moving opposite the crowd. {spot}(ETHUSDT)
#Bitmine just purchased 203,433 $ETH (worth $800M at ~$3,935 each) through FalconX and BitGo OTC desks this week — plus another 72,898 #ETH in the past five hours. They’re now halfway to their target of owning 5% of Ethereum’s total supply (around 3 million ETH). By using OTC desks, they’re able to accumulate aggressively without affecting spot prices.
The market’s fear index is sitting at 22, yet Bitmine is buying harder than ever — a classic case of smart money moving opposite the crowd.
BITMINE ACCUMULATION CONTINUES — OVER $698M IN ETH PURCHASED THIS WEEK On Oct 16, #BitMine acquired 104,336 ETH ($417M) via Kraken & BitGo. Today, Oct 18, another 72,898 $ETH ($281M) moved in from #FalconX & #BitGo That’s $698M+ in net #ETH inflows within 48 hours, during a market correction. Smart money continues accumulating into weakness, signaling institutional confidence ahead of potential Q4 rotation.
BITMINE ACCUMULATION CONTINUES — OVER $698M IN ETH PURCHASED THIS WEEK

On Oct 16, #BitMine acquired 104,336 ETH ($417M) via Kraken & BitGo.
Today, Oct 18, another 72,898 $ETH ($281M) moved in from #FalconX & #BitGo

That’s $698M+ in net #ETH inflows within 48 hours, during a market correction.

Smart money continues accumulating into weakness, signaling institutional confidence ahead of potential Q4 rotation.
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Bullish
$ETH 3 newly created wallets received 72,898 $ETH worth $279.45M from #FalconX and #BitGo , likely belonging to #Bitmine {future}(ETHUSDT)
$ETH 3 newly created wallets received 72,898 $ETH worth $279.45M from #FalconX and #BitGo , likely belonging to #Bitmine
📉 Crypto Treasury Bubble Begins to Burst, Says Tom Lee Tom Lee, chairman of BitMine, warns that the “Digital Asset Treasury” (DAT) bubble is starting to burst, as 80% of companies in this sector are trading below the value of the assets they hold. Despite BitMine purchasing $827M worth of Ethereum, Lee emphasized, “If this isn’t a bubble bursting, then what is?” He sees this as a market shakeout, separating fundamentally strong companies from hype-driven ones. 🔎Key Points: 🔷80% of DATs trade below their actual asset value. 🔷BitMine holds over 3M ETH, targeting 5% of the global ETH supply. 🔷Lee believes Ethereum still has strong long-term growth potential. $BTC $ETH $SOL #Bitmine #CryptoTreasury #MarketBubble
📉 Crypto Treasury Bubble Begins to Burst, Says Tom Lee

Tom Lee, chairman of BitMine, warns that the “Digital Asset Treasury” (DAT) bubble is starting to burst, as 80% of companies in this sector are trading below the value of the assets they hold.

Despite BitMine purchasing $827M worth of Ethereum, Lee emphasized, “If this isn’t a bubble bursting, then what is?” He sees this as a market shakeout, separating fundamentally strong companies from hype-driven ones.

🔎Key Points:

🔷80% of DATs trade below their actual asset value.
🔷BitMine holds over 3M ETH, targeting 5% of the global ETH supply.
🔷Lee believes Ethereum still has strong long-term growth potential.
$BTC $ETH $SOL
#Bitmine #CryptoTreasury #MarketBubble
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