Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year
CoinDesk·
60-second summary
Tom Lee's Bitmine significantly slows down ether purchases, buying approximately 26,000 tokens last week, a notable decrease from the previous week's average of 100,000. This marks a sharp change in strategy for the firm, which has already acquired around 1 million ether tokens this year, with potential market implications for the overall ether price and demand.
The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.