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Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack

Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack
AI summary

Bitmine Immersion Technologies said it has reached 99% of its goal of owning 5% of ether's total supply after another purchase. Chairman Tom Lee argued that the market's muted reaction to last week's $6.3 billion Binance hack shows growing industry resilience. Traders watching ETH supply concentration and exchange risk will note the accumulation continues despite the hack.

Narrative history
19 linked stories · 8 outlets · since 12 Oct
  1. 46M AGO
  2. 1H AGO
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    Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack
    Bitcoin.com News · Score 45
  3. 2H AGO
    Unchained · Score 45 · via Lee Downplays, Downplays
  4. 3H AGO
  5. 26 OCT · 17:13
    Unchained · Score 35 · via Bitmine, 5% supply
  6. 26 OCT · 16:05
  7. 26 OCT · 14:12
    The Block · Score 35 · via Bitmine, Bitmine adds
  8. 26 OCT · 13:50
    crypto.news · Score 55 · via 10,452, 10,452 ETH
  9. 23 OCT · 02:05
    BeInCrypto · Score 25 · via Tom, Lee
  10. 22 OCT · 12:30
    Bitcoin.com News · Score 45 · via Bitmine, Tom
  11. 20 OCT · 05:14
  12. 19 OCT · 17:55
    CryptoPotato · Score 25 · via BitMine buys, Lee
  13. 19 OCT · 17:55
    Bitcoin.com News · Score 45 · via Bitmine, Tom
  14. 19 OCT · 15:13
  15. 19 OCT · 13:36
    The Block · Score 45 · via 12535, 12535 ETH
  16. 19 OCT · 05:55
    BeInCrypto · Score 25 · via Lee calls, Tom
  17. 14 OCT · 01:28
  18. 12 OCT · 15:27
  19. 12 OCT · 13:43
    The Block · Score 47 · via Lee calls, Bitmine buys
  20. 12 OCT · 13:33
    Decrypt · Score 42 · via Bitmine adds, Bitmine
Most read · 72h