According to @CoinMarketCap, Trend Research purchased 46,379 ETH, increasing its total ETH holdings to about 580,000 ETH (source: CoinMarketCap on X, Dec 24, 2025). @CoinMarketCap reports this places the private company among the largest institutional ETH holders, behind only SharpLink and BitMine (source: CoinMarketCap on X, Dec 24, 2025). Traders often monitor such whale accumulation for potential impacts on ETH liquidity and order book depth in subsequent sessions, with the event flagged as market-relevant by @CoinMarketCap (source: CoinMarketCap on X, Dec 24, 2025).

According to @lookonchain, Bitmine tied to Tom Lee (@fundstrat) purchased another 67,886 ETH valued at $201M in the past 24 hours, indicating a single-entity accumulation event based on on-chain evidence. Source: @lookonchain on X. The transactions and wallet trails are visible on Arkham Intel at 0xecA84b8599A5e11d6b600F24a0F42703E1D4c3eA, 0x1b6E316c4d3093bbf8182Cf2fa76Be4611df0a8A, and 0x1C79347985300642be2fB93b44BB6C4A2e46CEf8. Source: Arkham Intel explorer. Traders can monitor these addresses for subsequent transfers or exchange interactions to assess potential order flow impacts on ETH liquidity and volatility. Sources: @lookonchain on X and Arkham Intel explorer.

According to @OnchainLens, Bitmine received 31,750 ETH valued at 93.50 million USD from a FalconX associated address 0x1C79347985300642be2fB93b44BB6C4A2e46CEf8 on Dec 23, 2025. Source: @OnchainLens; Data: Nansen. The transfer was identified via Nansen entity labels attributing the sender to FalconX and the recipient to Bitmine, with the size reported as 31.75K ETH. Source: @OnchainLens; Data: Nansen.

According to Onchain Lens, Bitmine (BitMNR) purchased 6,678 ETH worth USD 19.63M from BitGo, with funds directed to wallet 0xecA84b8599A5e11d6b600F24a0F42703E1D4c3eA on Dec 23, 2025, source: Onchain Lens on X (Dec 23, 2025). Based on the reported totals, the implied average value is approximately USD 2,939 per ETH (19.63M/6,678), source: calculation from figures reported by Onchain Lens on X (Dec 23, 2025). Onchain Lens described this as a further buy by Bitmine, indicating it follows earlier purchases, source: Onchain Lens on X (Dec 23, 2025).

According to @OnchainDataNerd, two large ETH buy orders were executed about two hours before the post: 18,454 ETH (about 55.24 million USD) tentatively attributed to Bitmine and 24,421 ETH (about 73.75 million USD) from a fresh whale, with address links provided, source: @OnchainDataNerd on X, Dec 23, 2025. According to @OnchainDataNerd, the combined size is 42,875 ETH (about 129.0 million USD) executed within a short window, source: @OnchainDataNerd on X, Dec 23, 2025. According to @OnchainDataNerd, the author shared the tracking links to the two addresses: https://t.co/JEB0h5RLqF and https://t.co/72Gv5HBvpR, source: @OnchainDataNerd on X, Dec 23, 2025. According to @OnchainDataNerd, traders may monitor these wallets for any subsequent transfers to exchanges or DeFi venues to assess near-term supply dynamics using the addresses shared above, source: @OnchainDataNerd on X, Dec 23, 2025.

According to @lookonchain, addresses attributed to Tom Lee's Bitmine acquired 29,462 ETH valued at about 88.1 million USD with inflows traced from BitGo and Kraken, source: Lookonchain post; Arkham Intelligence explorer. Arkham Intelligence pages for the two recipient wallets referenced by Lookonchain show incoming transfers that match the reported ETH amount and counterparties BitGo and Kraken, source: Arkham Intelligence. These transfers indicate a large off-exchange accumulation of ETH and reduce Kraken’s on-chain exchange balances by the transferred amount at the time of movement, source: Arkham Intelligence. Lookonchain characterized this as another purchase by Bitmine, signaling repeat accumulation behavior, source: Lookonchain post.

According to @OnchainLens, Bitmine (BitMNR) purchased 29,463 ETH valued at $88.2M from BitGo and Kraken. Source: Onchain Lens. A newly created wallet 0xecA84b8599A5e11d6b600F24a0F42703E1D4c3eA received 18,454 ETH worth $55.61M from BitGo. Source: Onchain Lens. Wallet 0x1b6E316c4d3093bbf8182Cf2fa76Be4611df0a8A withdrew an additional 11,009 ETH worth $33.14M from Kraken and now holds 24,421 ETH worth $73.12M. Source: Onchain Lens. Based on the totals reported, the implied average transfer value is approximately $2,992 per ETH. Source: Onchain Lens.

According to @StockMKTNewz, a new post shares a chart that visualizes growth in Ethereum (ETH) holdings linked to Tom Lee and Bitmine (BMNR), indicating increased ETH exposure as depicted in the image. Source: @StockMKTNewz. According to @StockMKTNewz, while no exact figures or dates are provided, the visualization highlights a rising trajectory in holdings that is directly relevant for ETH and BMNR traders monitoring accumulation trends. Source: @StockMKTNewz.

According to @lookonchain, Bitmine purchased 98,852 ETH (about $302M) last week and now holds 4,066,062 ETH valued around $12.42B. A Bitmine Immersion (BMNR) press release on PR Newswire confirms total ETH holdings of 4.066 million tokens and reports combined crypto and cash reserves of $13.2B. These disclosed balances and purchases are material datapoints for traders tracking large ETH flows and entity concentration. Sources: @lookonchain; PR Newswire release by Bitmine Immersion (BMNR).

According to @lookonchain, a wallet labeled Bitmine associated with Tom Lee (@fundstrat) acquired 13,412 ETH valued at $40.61M, with the transaction visible on Arkham Intelligence at address 0x1b6E316c4d3093bbf8182Cf2fa76Be4611df0a8A; source: @lookonchain; Arkham Intelligence (intel.arkm.com/explorer/address/0x1b6E316c4d3093bbf8182Cf2fa76Be4611df0a8A). @lookonchain reports this is another Bitmine purchase, indicating continued accumulation activity recorded on-chain for that entity; source: @lookonchain; Arkham Intelligence (intel.arkm.com/explorer/address/0x1b6E316c4d3093bbf8182Cf2fa76Be4611df0a8A).

According to Onchain Lens, a newly created wallet received 13,412 ETH valued at 40.58 million USD from Kraken, marking an exchange outflow to address 0x1b6e316c4d3093bbf8182cf2fa76be4611df0a8a, with the wallet likely linked to Bitmine, source: Onchain Lens. Onchain Lens publicly flagged this on-chain transfer and disclosed the recipient address for market monitoring of subsequent large ETH flows, source: Onchain Lens.

According to @lookonchain, an address attributed by the source to Tom Lee’s Bitmine acquired 30,075 ETH worth approximately $88.73M on Dec 18, 2025, based on their on-chain tracking alert source: @lookonchain. The post describes this as “another” purchase by the same entity, indicating continued accumulation per the source’s labeling source: @lookonchain. The implied average cost from the reported figures is roughly $2,950 per ETH, derived from 30,075 ETH for $88.73M as stated by the source source: @lookonchain.

According to @OnchainLens, a newly created wallet received 30,075 ETH worth $88.31M from FalconX (source: @OnchainLens). The wallet is likely associated with Bitmine, as indicated by @OnchainLens (source: @OnchainLens). Address to track: 0x113870F9ABd1821bBb2eEE5d29Acc360482431C9 (source: @OnchainLens).

According to @lookonchain, an entity it attributes to Tom Lee (@fundstrat)’s Bitmine purchased another 48,049 ETH (about $140.58M) roughly 5 hours ago, with Arkham Intel address pages cited as evidence (source: https://twitter.com/lookonchain/status/2001087945223348417; sources: https://intel.arkm.com/explorer/address/0x611fC0F0d0be890510f216386bcdB9EEB88e86A2, https://intel.arkm.com/explorer/address/0x9a93c73748eD022536755EAD47696e599AA40bb5). For traders, the reported single-entity accumulation of 48,049 ETH is a whale-scale flow that is commonly monitored via Arkham Intel to assess near-term liquidity and potential order-book pressure in ETH markets (source: https://twitter.com/lookonchain/status/2001087945223348417; source: https://intel.arkm.com). @lookonchain characterizes the move as “another” purchase by the same entity, indicating continued accumulation activity to watch for follow-on transfers or exchange inflows (source: https://twitter.com/lookonchain/status/2001087945223348417; sources: https://intel.arkm.com/explorer/address/0x611fC0F0d0be890510f216386bcdB9EEB88e86A2, https://intel.arkm.com/explorer/address/0x9a93c73748eD022536755EAD47696e599AA40bb5).

According to @OnchainLens, a newly created wallet received 48,049 ETH valued at $141.78M from a sender labeled FalconX, with the flow described as likely linked to Bitmine; addresses highlighted: 0x9a93c73748eD022536755EAD47696e599AA40bb5 and 0x611fC0F0d0be890510f216386bcdB9EEB88e86A2, data attributed to Nansen (source: @OnchainLens; data: Nansen). Based on the figures reported, the implied transfer price is roughly $2,951 per ETH, and the source flags this as a notable large on-chain movement that traders can track via the cited addresses for subsequent activity (source: @OnchainLens).

According to @lookonchain, the total stablecoin market cap rose by $1.4B during Dec 8–14, 2025, indicating fresh on-chain liquidity, source: Lookonchain on X Dec 15, 2025 https://x.com/lookonchain/status/2000595361946300884. Despite weaker DEX spot and perps volumes, whales and funds accumulated majors, source: Lookonchain on X Dec 15, 2025 https://x.com/lookonchain/status/2000595361946300884. Eight companies increased their BTC holdings by 11,662.78 BTC ($1.03B) while two decreased by 824 BTC ($72.43M), source: Lookonchain on X Dec 15, 2025 https://x.com/lookonchain/status/2000595361946300884. Tom Lee’s Bitmine bought 102,259 ETH worth $321.1M, signaling continued rotation into ETH, source: Lookonchain on X Dec 15, 2025 https://x.com/lookonchain/status/2000560398228201841. Michael Saylor’s entity purchased 10,645 BTC for $980.3M at $92,098, adding to corporate BTC holdings, source: Lookonchain on X Dec 15, 2025 https://x.com/lookonchain/status/2000553434135879697. The trader BitcoinOG increased long exposure in ETH, BTC, and SOL to $692M, source: Hyperdash trader page https://legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae and Lookonchain on X Dec 15, 2025 https://x.com/lookonchain/status/2000595361946300884. The 66kETHBorrow whale added 38,576 ETH ($119.3M), source: Lookonchain on X Dec 14, 2025 https://x.com/lookonchain/status/2000365191142523039. Address 0x9F61 swapped 2,286 BTC (~$199M) for 67,254 ETH over 20 days, source: Lookonchain on X Dec 12, 2025 https://x.com/lookonchain/status/2000007524192547077.

According to the source, Bitmine chairman Tom Lee said Ethereum has already bottomed and that the firm has dramatically increased ETH purchases versus a week ago, source: Tom Lee, Bitmine. The firm described this shift as “putting our money where our mouth is,” indicating a deliberate week-over-week increase in ETH exposure, source: Tom Lee, Bitmine.

According to @OnchainDataNerd, Bitmine accumulated another 33.5k ETH valued at 112.06M USD over the past 7 hours, with specific on-chain wallet addresses provided in the source post for verification (source: @OnchainDataNerd). The post’s valuation implies an average acquisition price near 3,346 USD per ETH and explicitly describes the purchase as “another” tranche of ongoing accumulation (source: @OnchainDataNerd).

According to @lookonchain, Tom Lee’s Bitmine accumulated 33,504 ETH valued at USD 112.06 million over the past 6 hours, based on wallet activity flagged in their post on X dated Dec 11, 2025 (source: @lookonchain on X). The accumulation is tied to Arkham Intelligence–labeled addresses 0xfc5e6F1c3c5c8fc2eBdc9321EC6EeA4e57f5C185 and 0x4E6524E7A22961D55e0c5f523dF8E740275B67Af referenced by @lookonchain (source: Arkham Intelligence explorer and @lookonchain on X). This implies an average acquisition price of roughly USD 3,346 per ETH and a pace of about 5,584 ETH per hour during the window, derived from the totals reported by @lookonchain (source: @lookonchain on X). Traders can monitor subsequent transfers from these addresses to exchange-labeled wallets as potential liquidity signals, which are observable via Arkham Intelligence’s explorer (source: Arkham Intelligence explorer).

According to @OnchainLens, Bitmine bought 33,504 ETH valued at 112 million USD from a FalconX-labeled source, reported on Dec 10, 2025; source: https://twitter.com/OnchainLens/status/1998900955442720806. Arkham Intelligence shows the Bitmine entity and receiving address with inbound transfers totaling 33,504 ETH tied to FalconX labels; source: https://intel.arkm.com/explorer/entity/bitmine and https://intel.arkm.com/explorer/address/0xfc5e6F1c3c5c8fc2eBdc9321EC6EeA4e57f5C185. The reported USD value implies an average execution price near 3,343 USD per ETH based on 112,000,000 divided by 33,504; source: valuation figure from @OnchainLens https://twitter.com/OnchainLens/status/1998900955442720806. @OnchainLens described this as a further purchase by Bitmine, indicating it follows prior buys; source: https://twitter.com/OnchainLens/status/1998900955442720806.