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Nov 01, 2025

BitMine Buys $29 Million in Ethereum as Kalshi Traders Cut $5K Price Odds to 34%

BitMine has made a fresh bet on Ethereum, acquiring 7,660 ETH worth about $29 million from Galaxy Digital. The large inflow into BitMine’s wallet highlights renewed institutional appetite for the world’s second-largest cryptocurrency despite growing caution in retail markets. Institutions Accumulate Ethereum While Retail Traders Turn Bearish According to Arkham data, the transactions occurred with

The post BitMine Buys $29 Million in Ethereum as Kalshi Traders Cut $5K Price Odds to 34% appeared first on CoinGape.

Source: CoinGape →


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