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by: xpoolPosted on: August 17, 2025

BitMine Purchases $130 Million in Ethereum Amid Market Dip

Crypto exchange BitMine has made a significant move during the recent downturn in the cryptocurrency market, acquiring 28,650 ETH worth $130 million. This purchase showcases institutional confidence in Ethereum and its potential for long-term growth. Led by CEO Tom Lee, who is known for his strong conviction in Ethereum, this acquisition is a notable display of faith amidst a challenging market environment.

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  4. SharpLink Secures $2.6 Billion in Funding, Boasting Major Ethereum Holdings
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