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Ethereum Whale Mode Fails, Tom Lee's BitMine Acts Quickly | US Crypto Assets News

BitMine purchased 9,176 ETH from Galaxy Digital OTC for $29.14 million, bringing its total holdings to 19,500 ETH. Meanwhile, the trading activities of whales have diverged, with one whale selling 2,404 ETH at the break-even point, while another whale increased its holdings by 16,937 ETH, bringing its total holdings to 422,175 ETH, valued at $1.34 billion. Machi Big Brother and Machi Small Brother have increased their long positions on Hyperliquid, while a wallet associated with Tornado Cash sold 4,978 ETH amid market speculation that Richard Heart might be involved. Before the Fusaka upgrade in December, the price of Ethereum hovered around $3,100.

ETH-4.61%
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