Ethereum whales make big moves again, BitMine dramatically increases holdings by $229 million this week

HashBandit · 2025-12-19T02:22:12+00:00

Recently, leading Ethereum institution BitMine withdrew $87.73 million worth of ETH on December 19, and this week increased its total holdings to $229 million, indicating a positive attitude from major institutions towards Ethereum, which may reflect market expectations for ETH's medium-term trend.

HashBandit

2025-12-19 02:22:12

Abstract generation in progress

【Crypto World】This move by Ethereum is quite worth paying attention to. According to on-chain data, in the early morning of December 19, two new addresses suspected to belong to Ethereum’s leading institutional holder BitMine withdrew a total of $87.3 million worth of ETH from a major trading platform in one go. This is just the tip of the iceberg for this week—the total ETH increased by BitMine this week has already reached $229 million.

Judging by this pace, major institutions still hold a quite positive attitude towards Ethereum. Continuous large withdrawals and increased holdings indicate they have clear expectations for the future market. Such institutional-level position changes often reflect market participants’ true judgment of ETH’s medium-term trend.

ETH-3,73%

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TaxEvader

· 2025-12-22 02:16

Large institutions are madly accumulating, is this the rhythm to da moon?

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LiquidityLarry

· 2025-12-21 08:46

Large Investors' operation this time is really not bad, 229 million invested is basically a vote, this signal needs to be watched closely.

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LiquidatedAgain

· 2025-12-19 13:11

The big players are starting to buy the dip again, while we retail investors are still being tortured by the liquidation price... If only I had known earlier, even a thousand gold couldn't buy this knowledge.

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OnChain_Detective

· 2025-12-19 02:44

wait hold up... let me parse this wallet clustering data real quick. 2.29B in one week? that's not just "bullish sentiment" lol, pattern analysis suggests we're looking at either institutional accumulation OR pre-positioning before some major catalyst. flagged this transaction sequence for deeper scrutiny ngl

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AirDropMissed

· 2025-12-19 02:42

Big players are acting so aggressively, it feels like it's about to take off.

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staking_gramps

· 2025-12-19 02:40

Are the big players acting so aggressively, is it really a bottom-fishing move or is there some insider information?

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LongTermDreamer

· 2025-12-19 02:38

This move by the big players is truly amazing, $229 million... I heard this kind of argument three years ago, and now it's considered validated? Anyway, I'm the type to hold on tightly and not let go.

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LiquidityWitch

· 2025-12-19 02:30

bitmine's brewing something arcane in those dark pools... 2.29B ain't coincidence, it's a liquidation sacrifice waiting to happen fr

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