Bitmine estimated to have purchased $229.3M in ETH this week

According to Arkham (ARKM), Bitmine (BMNR) is estimated to have purchased at least an additional $229.31 million worth of Ethereum (ETH) this week. An address believed to belong to Bitmine withdrew 30,075 ETH ($88.31 million) from FalconX around midnight on Dec. 19. This follows a previous withdrawal of 48,049 ETH ($141.78 million) from the same platform on the morning of Dec. 17.