It turns out that the rise of ETH last weekend was due to Bitmine buying.
In the past week, the brother bought about 2 billion dollars worth of ETH, and has now become the largest ETH holder in the world, holding approximately 1.15 million coins.
According to the previous goal of acquiring 5% of the global ETH, the progress over the past month has been about 20%, which means that another 4.85 million ETH need to be purchased to achieve this.
