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Ethereum Foundation sells ETH to Tom Lee's Bitmine
The Block·
The Ethereum Foundation has sold approximately $24 million worth of Ether (ETH) to Bitmine, a firm associated with analyst Tom Lee. This transaction significantly increases Bitmine's holdings, bringing them closer to a milestone of owning 5% of the total Ether supply. The details of the sale were reported by The Block, highlighting a notable movement of assets within the cryptocurrency ecosystem.
Tags
crypto
fintech
Original Source
The Block — theblock.co