According to @lookonchain, an address tagged as Bitmine and associated by Lookonchain with Tom Lee (@fundstrat) purchased 7,080 ETH worth about $19.8M roughly two hours ago, with the wallet visible on Arkham Intel at https://intel.arkm.com/explorer/address/0x2e6c32d3FF8A61D931C19FFDcBaEb98B53ebdB66 (source: Lookonchain on X; Arkham Intel Explorer). Lookonchain characterized the transaction as “another” buy by Bitmine, indicating repeated accumulation by the same labeled entity in recent activity (source: Lookonchain on X). Based on the reported totals, the size implies an average execution near $2,800 per ETH from $19.8M divided by 7,080 ETH (source: Lookonchain on X). The Arkham Intel page provides transaction-level details that traders can use to verify inflows and monitor subsequent transfers from the tagged wallet for execution and liquidity analysis (source: Arkham Intel Explorer).

According to @rovercrc, a crypto whale purchased 21,000 ETH valued at 90.6 million USD on August 12, 2025 (source: @rovercrc on X, Aug 12, 2025). Based on those figures, the transaction implies an average buy price near 4,314 USD per ETH (source: @rovercrc on X; calculation from the stated amounts). The post characterizes this as unreal demand, indicating unusually strong spot appetite from a single buyer at that time (source: @rovercrc on X).