Bitmine Acquires 51,000 ETH in $126 Million Trade

Bitmine, led by Tom Lee, bought 51,000 ETH from FalconX and BitGo for $126 million with no primary confirmation issued.

Bitmine Buys 51,000 ETH for $126 Million

Bitmine purchased 51,000 ETH from FalconX and BitGo in a transaction valued at $126 million. The deal occurred roughly two hours before the report and adds to the firm's holdings under Tom Lee.

Confirmation status

No primary confirmation from Bitmine or the counterparties has been issued yet.

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