Another notable institutional purchase has taken place in the crypto market. Bitmine announced that it purchased 65,341 Ethereum last week. This purchase, worth approximately $138 million at current prices, is seen as a continuation of the company’s aggressive accumulation strategy in recent weeks.

Under the strategy led by the company’s Chairman, Tom Lee, Bitmine has gradually increased its purchasing pace over the past three weeks. Previously averaging around 50,000 ETH per week, th