Tom Lee’s Bitmine Slashes Weekly Ethereum Purchases by 76% – Here’s Why
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The largest corporate holder of Ethereum sharply slowed its weekly accumulation, adding just 7,430 ETH over the past seven days after previously larger purchases. The firm redirected capital toward a major share buyback, reducing corporate demand for the token and potentially weighing on market buying pressure and crypto adoption momentum.
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The largest corporate holder of Ethereum has reduced its weekly accumulation pace, adding only 7,430 tokens over the past seven days.
This sharp reduction from its previous purchases came as the firm redirected capital toward a major share buyback.
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Coins
$ 63.00K
+0.29%
$ 1.88K
+0.44%
$ 0.00166
$ 1.88K
+0.21%Funds
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In This News
Coins
$ 63.00K
+0.29%$ 1.88K
+0.44%$ 0.00166
$ 1.88K
+0.21%Funds
Predictions Markets
See what traders are focused on
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