{"id":685452,"date":"2025-08-16T13:55:14","date_gmt":"2025-08-16T10:55:14","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/ether-accumulation-heats-up-882m-in-eth-snapped-up-by-bitmine-whale\/"},"modified":"2025-08-16T13:55:14","modified_gmt":"2025-08-16T10:55:14","slug":"ether-accumulation-heats-up-882m-in-eth-snapped-up-by-bitmine-whale","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ether-accumulation-heats-up-882m-in-eth-snapped-up-by-bitmine-whale\/","title":{"rendered":"Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWMzMmItZDU3ZS03NzcxLWE1ZDctMjRhMDRmNDJhZTY5.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.<\/p>\n<p><p>Institutional <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>etite for Ether shows no sign of slowing, with blockchain data revealing nearly $882 million in ETH purchases by two entities as of late.<\/p>\n<p>Public Bitcoin mining firm BitMine Immersion <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">Technology<\/a> led the charge, scooping up 106,485 Ether (<a rel=\"nofollow\" target=\"_blank\" href=\"\/ethereum-price\">ETH<\/a>) worth roughly $470.5 million over the past 10 hours. The miner\u2019s latest haul brings its total holdings to 1,297,093 ETH, valued at about $5.75 billion, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/lookonchain\/status\/1956565235059614148\" title=\"null\">according<\/a> to transactions tracked by Lookonchain.<\/p>\n<p>The transactions reveal that BitMine acquired much of the ETH through large over-the-counter (OTC) deals and direct transfers from well-known institutional inter<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>ries, including Galaxy Digital, FalconX and BitGo.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ether-accumulation-heats-up-882m-in-eth-snapped-up-by-bitmine-whale?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand. Institutional appetite for Ether shows no sign of slowing, with blockchain data revealing nearly $882 million in ETH purchases by two entities as of late. Public Bitcoin mining firm&#8230;<\/p>\n","protected":false},"author":1,"featured_media":685453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-03\/0195c32b-d57e-7771-a5d7-24a04f42ae69","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,107431,74891,154978,74938,74355,73711,87950],"class_list":["post-685452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-cryptocurrency-investment","tag-ethereum","tag-ethereum-etf","tag-ethereum-price","tag-adoption","tag-investments","tag-whale"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/685452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=685452"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/685452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/685453"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=685452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=685452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=685452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}