Overview
- Multiple trackers report a new 72,898 ETH buy worth about $281 million, taking BitMine’s holdings to just over 3.03 million ETH, or roughly 2.5% of supply.
- Lookonchain, Arkham, and BMNR Bullz attribute recent inflows to transfers from FalconX, BitGo, and Kraken, though some reported transactions lack fully public attribution.
- Post-crash accumulation totals about 379,271 ETH across three reported tranches valued near $1.5 billion, including earlier 202,037 ETH and 104,336 ETH moves.
- The buying followed a sharp market correction that triggered more than $1 billion in liquidations, with ETH rebounding after dipping into the mid-$3,000s.
- Coverage highlights growing institutional footprints and valuation tension as DATs trade near or below NAV, with institutional treasuries and ETFs reported above 12.8 million ETH and BitMine previously signaling a multi‑percent supply goal.