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According to on-chain data monitoring, the BitMine fund led by well-known investor Tom Lee has significantly increased its holdings of Ethereum in the last 24 hours. The scale of this transaction is astonishing — it bought 67,886 ETH in one go, with the transaction amount reaching as high as $201 million based on the price at that time.
Such a significant investment action reflects institutional investors' optimistic attitude towards the future performance of ETH. In the current market environment, the real capital operations of these leading funds often provide considerable reference signals for market participants. The movements of the whales often become the market's barometer.
We can't play the game of the wealthy, let's just follow and enjoy some soup.
Throwing 200 million in, that's quite a bold move... gotta keep an eye on it.
When will retail investors get their turn to take off?
One person throwing in 200 million, we're just a drop in the bucket here.
By the way, can we really trust this? Could there be any water in the on-chain data?
The entry of big players is a good signal, anyway I am HODLing and not moving.
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Once again, a whale is setting the pace, and retail investors still have to follow? Forget it, I’d better watch.
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67k ETH directly locked, this pace is a bit rapid.
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Wait, is this real on-chain data or just another wave of rug-pulling signals?
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Two hundred million USD to buy ETH, they’re playing in a whole different league.
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Every time a whale makes a move, the whole internet starts discussing. So funny.
When the whales move, we have to follow their lead, otherwise, how can we make money?
200 million get dumped, this guy is really bold.
Wait, could it be a smoke screen?
Or is this wave really a bottom signal...
If institutions dare to do this, shouldn't we retail investors get on board as well?
ETH is good in the long run anyway, following this is definitely not wrong.
By the way, can this 200 million pump? It feels insufficient.
Is another round of suckers harvesting starting?
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Tom Lee is accumulating again, it feels like someone always knows something before us
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Wait, how much is this going to cost... I can't even afford the change
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Every time a large investor takes action, the market starts to stir, I just want to know when we retail investors can make money
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60,000 to 70,000 ETH swallowed in one go, this move is really incredible
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Starting to follow the trend again, just see if this wave can be solidified
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200 million dollars have gone in, if it loses money, that will be a real issue
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Retail investors are just here to play with large investors, this is Web3, everyone.
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200 million dumped into ETH? I'll just watch to see how long it can hold.
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Whales are moving again, should retail investors run or buy the dip, damn.
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When this guy makes a move, it feels like the market is about to change.
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Wait a minute, can we really trust such a big investment or are they going to play us for suckers again?
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Tom Lee: I'm here to catch a falling knife, retail investors, don't rush to run.
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67,000+ ETH, if this gets dumped, can we rise?