Overview

• Lookonchain reported roughly 72,898 ETH moving from FalconX and BitGo into wallets linked to Tom Lee’s BitMine during the latest dip.
• BitMine’s Ethereum treasury is now estimated at about 3.03 million ETH, or roughly 2.5% of circulating supply, according to recent on-chain tallies.
• Yahoo Finance noted the absence of public transaction hashes tied to official filings or a company statement, leaving the newest tranche without direct confirmation.
• CryptoSlate cited WhaleMap and Arkham in reporting sustained institutional accumulation since early October, with exchange reserves at multi‑year lows and institutional holdings above 12.8 million ETH.
• The purchases followed a large liquidation event earlier in October, and technical analysts highlight heavy sell interest between $4,400 and $4,800 that could shape Ethereum’s next move.