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#Bitmine just kept loading… and yes, it’s a heavy one🥳!
Last week they grabbed up another 45,759 $ETH , about $90.8M, pushing their total stash to a massive 4,371,497 ETH, approx. $8.68B sitting there. Average buy sits around $3,821, which… hurts a little when you look at the screen right now.
At current prices, that whole position is down by more than $8B. Not a typo at all guys. One of those “close the tab, come back later” kind of bags.
WE GUESS: this is a steady accumulation and the patience of someone who’s clearly playing a very long game.