Bitmine suspected of buying another $35.9M in ETH

Bitmine, a firm known for accumulating Ethereum (ETH), is suspected of purchasing an additional 20,500 ETH, worth $35.92 million, according to a report from Lookonchain. The transaction, a withdrawal from Galaxy Digital, occurred approximately six hours ago. This follows a disclosure from Bitmine last week, in which the company announced it held 5.74 million ETH after another purchase of 42,000 ETH.