# EthereumWhale

124

#BitMineAddsOver60KETHLastWeek 🐋💎
Ethereum Whale Alert: BitMine Group has quietly accumulated 64,200 ETH (~$128M) last week, signaling strong institutional confidence in Ethereum ahead of upcoming network upgrades.
📊 What’s Happening?
🔹 OTC Accumulation: Purchases were executed via over-the-counter desks, minimizing market impact.
🔹 Staking Strategy: ~85% of these ETH are moving into liquid staking protocols, locking yield while supporting network security.
🔹 Diversification Play: Following MicroStrategy’s BTC buys, BitMine shows institutions are balancing digital gold (BTC) vs. digital

ETH1.54%

BTC0.57%

OP1.45%

ARB2.59%

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# EthereumWhale

Join 40M users in our growing community

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