DeMark indicator shows ETH has bottomed out, BitMine adds nearly 140,000 ETHEthereum reserve enterprise BitMine announced an additional purchase of nearly 140,000 ETH, bringing its total holdings to 3.86 million ETH. In this month’s chairman’s address, Tom Lee specifically mentioned that about five weeks ago, the BitMine team hired Tom DeMark, known for his "market timing" expertise, to analyze cryptocurrency price trends. DeMark indicators show that ETH has bottomed out, and BitMine will step up its efforts to continue buying Ethereum.
BitMine buys more ETH, total holdings reach 3.72 million
Yesterday, BitMine revealed its latest cryptocurrency holdings. As of December 7, BitMine held assets worth $13.2 billion, including:
3,864,951 ETH
192 BTC
$36 million in
ChainNewsAbmedia·17h ago