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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
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News
BitMine Accumulates $98M in ETH Amid Year-End Sell...
Cointelegraph•Wednesday, December 31, 2025 at 04:06 AM•1 min read

BitMine Accumulates $98M in ETH Amid Year-End Selling Pressure: Tom Lee

Share:
The Arch TakeNeutral
EthereumTradingAltcoinsInstitutional

According to Tom Lee of Fundstrat, BitMine acquired 32,938 ETH on Tuesday, valued at approximately $98 million. This accumulation occurred amidst year-end tax-loss selling and automated trading activity that kept prices suppressed, according to reports. The development highlights strategic investment activity within the cryptocurrency market, specifically targeting opportunities arising from temporary price dips. The report suggests that some investors are capitalizing on market volatility to increase their holdings of Ethereum.

Read full story at Cointelegraph
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BitMine Accumulates $98M in ETH Amid Year-End Sell...
Cointelegraph•Wednesday, December 31, 2025 at 04:06 AM•1 min read

BitMine Accumulates $98M in ETH Amid Year-End Selling Pressure: Tom Lee

Share:
The Arch TakeNeutral
EthereumTradingAltcoinsInstitutional

According to Tom Lee of Fundstrat, BitMine acquired 32,938 ETH on Tuesday, valued at approximately $98 million. This accumulation occurred amidst year-end tax-loss selling and automated trading activity that kept prices suppressed, according to reports. The development highlights strategic investment activity within the cryptocurrency market, specifically targeting opportunities arising from temporary price dips. The report suggests that some investors are capitalizing on market volatility to increase their holdings of Ethereum.

Read full story at Cointelegraph
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Crypto industry to contribute $55B to US economy in 2026: NCA study

Cointelegraph•1d ago

As BitMEX exits, analysts warn crypto consolidation is accelerating

Cointelegraph•1d ago

Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale

Decrypt •1d ago

Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy

CoinDesk•1d ago
← Back to News Feed