BitMine Buys Another $197 Million In Ethereum As Tom Lee’s 5% ETH Strategy Presses On

May 17, 2026 - 21:45
BitMine Buys Another $197 Million In Ethereum As Tom Lee’s 5% ETH Strategy Presses On
On-chain data is pointing to another interesting accumulation move by Tom Lee’s BitMine Immersion Technologies, with a whale tracker flagging a $197.64 million Ethereum purchase routed through four newly created wallets. Related Reading The latest Ethereum buy has come during a period of weakness, which has seen the Ethereum price losing $2,300, and $2,100 is...

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