The post Ethereum (ETH): Tom Lee’s BitMine Buys 67,886 ETH Worth $201 Million in 24 Hours appeared on BitcoinEthereumNews.com. According to LookIntoChain monitoringThe post Ethereum (ETH): Tom Lee’s BitMine Buys 67,886 ETH Worth $201 Million in 24 Hours appeared on BitcoinEthereumNews.com. According to LookIntoChain monitoring

Ethereum (ETH): Tom Lee’s BitMine Buys 67,886 ETH Worth $201 Million in 24 Hours

According to LookIntoChain monitoring, COINOTAG News reports that on December 24, BitMine executed a substantial Ethereum purchase totaling 67,886 ETH, valued at approximately $201 million. The transaction size and timing reflect a deliberate, liquidity-focused move by a major holder, contributing to the visible pattern of new ETH accumulation in the current market cycle.

This on-chain activity underscores ongoing institutional buying interest in Ethereum, aligning with broader capital deployment trends within the crypto sector. Market participants should watch wallet clustering, transfer velocity, and order book depth to gauge potential impacts on ETH liquidity and near-term price dynamics.

Trackers such as LookIntoChain provide a credible lens for validating large-scale purchases and assessing how these inflows influence market sentiment for Ethereum and allied assets.

Source: https://en.coinotag.com/breakingnews/ethereum-eth-tom-lees-bitmine-buys-67886-eth-worth-201-million-in-24-hours

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$2,945.44
$2,945.44$2,945.44
+0.68%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shiba Inu Price Stalls Near Lows – What Could Matter in 2026 For SHIB To Takeoff?

Shiba Inu Price Stalls Near Lows – What Could Matter in 2026 For SHIB To Takeoff?

Shiba Inu has had a tough year, and its not hiding on the chart. TheCryptoBasic shared on X that the SHIB price has printed its first-ever weekly death cross in
Share
Coinstats2025/12/25 06:00
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Pippin Price Prediction: Can PIPPIN Reach $0.8 This Christmas, Or Is Another Crash Coming?

Pippin Price Prediction: Can PIPPIN Reach $0.8 This Christmas, Or Is Another Crash Coming?

Everyone is still trying to short Pippin crypto, and that is the idea behind why its price keeps going up.When you look at the Pippin chart, something feels off
Share
Coinstats2025/12/25 05:19