JUST IN: Tom Lee’s BitMine buys another 60,000 Ethereum despite Volatility.

The core driver of this round of gains is the sustained return of institutional capital. SoSoValue data shows that U.S. spot Ethereum ETFs attracted approximately $160 million in net inflows last week, marking the largest single-week inflow since mid-January. Among these, BlackRock's iShares Ethereum Staking Trust ETF (ETHB) stood out notably, attracting over $45 million in capital within two days of launch. Corporate-level buying is accelerating in tandem. Ethereum's largest corporate holder, BitMine, cumulatively purchased approximately 122,000 ETH over the past two weeks, valued at approximately $280 million. Driven by this, BitMine's stock price surged 13.6% on Monday, while related company Sharplink Gaming rose 9.1%. LMAX Group strategist Joel Kruger pointed out that Ethereum's strong performance relative to Bitcoin indicates capital rotating from Bitcoin to altcoins, with network development and valuation appeal becoming the market focus. Key Takeaways · ETF inflows: $160 million in net inflows last week, marking the largest since mid-January. · BlackRock product: ETHB attracted over $45 million in capital within two days of launch. · Corporate buying: BitMine purchased 122,000 ETH over two weeks ($280 million). $ETH

Matrixport associates giant whale re-long near ETH $2300, short-term increase of approximately $12.06 million $ETH