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Tom Lee's Bitmine Buys 65,000 ETH Worth $147M in 24 Hours

GateNews
ethereum newsOn-Chain Data
ETH0.34%
ARKM3.79%

According to on-chain data from Arkham Intelligence, Tom Lee's firm Bitmine Immersion Technologies accumulated 65,000 ETH worth approximately $147 million on April 30, 2026. The accumulation included a single purchase of 20,000 ETH valued at $44.8 million.

Bitmine's total Ethereum holdings now exceed 5 million ETH, valued at over $1.4 billion. The purchases were conducted via FalconX, an institutional trading platform, according to on-chain records.

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