Article
'Crypto Spring': StanChart Sees Ethereum Outperforming As Mt. Gox Moves $739M BTC From Cold Wallets
'Crypto Spring': StanChart Sees Ethereum Outperforming As Mt. Gox Moves $739M BTC From Cold Wallets
“Over the past week, we acquired 26,497 ETH,” Bitmine Immersion Technologies Chair, Tom Lee, said in a statement on Monday.
“In our view, ETH prices are not reflecting the strengthening of Ethereum fundamentals, but then again, this is not surprising given we are in the early stages of crypto spring.”
As CoinTelegraph reports, Bitmine is the largest Ether treasury company with 5.4 million ETH worth more than $10.5 billion.
It had slowed its pace of buying earlier this month after scooping up more...
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