According to data released by BitMine, its holdings were 2,650,900 ETH when the data was announced on September 29, and the current data shows 3,726,499 ETH, indicating that BitMine has increased its holdings by 1,075,599 ETH over the course of 2 months.
However, during this period, the price of ETH dropped by 32%.
He wants to buy 6.5 million, still short of 2.8 million, then it drops, then he buys.
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According to data released by BitMine, its holdings were 2,650,900 ETH when the data was announced on September 29, and the current data shows 3,726,499 ETH, indicating that BitMine has increased its holdings by 1,075,599 ETH over the course of 2 months.
However, during this period, the price of ETH dropped by 32%.
He wants to buy 6.5 million, still short of 2.8 million, then it drops, then he buys.