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BitMine has made a fresh bet on Ethereum, acquiring 7,660 ETH worth about $29 million from Galaxy Digital. The large inflow into BitMine\u2019s wallet highlights renewed institutional appetite for the world\u2019s 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<\/p>\n
The post BitMine Buys $29 Million in Ethereum as Kalshi Traders Cut $5K Price Odds to 34%<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" BitMine has made a fresh bet on Ethereum, acquiring 7,660 ETH worth about $29 million from Galaxy Digital. The large inflow into BitMine\u2019s wallet highlights renewed institutional appetite for the world\u2019s 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 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-409901","post","type-post","status-publish","format-standard","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=409901"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409901\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=409901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=409901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=409901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}