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BitMine buys $199M in Ether as smart money traders bet on ETH decline

December 6, 2025 by DIGIT
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BitMine buys $199M in Ether as smart money traders bet on ETH decline

The largest corporate Ether holder continues to buy the dip, as the industry’s most profitable traders continue to bet millions on ETH’s short-term decline.

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  • bitcoinBitcoin(BTC)$90,042.000.58%
  • ethereumEthereum(ETH)$3,023.800.86%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$885.32-1.09%
  • rippleXRP(XRP)$1.962.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$130.442.26%
  • tronTRON(TRX)$0.2989600.51%
  • staked-etherLido Staked Ether(STETH)$3,020.110.82%
  • dogecoinDogecoin(DOGE)$0.1270022.39%
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  • bitcoinBitcoin(BTC)$90,042.000.58%
  • ethereumEthereum(ETH)$3,023.800.86%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$885.32-1.09%
  • rippleXRP(XRP)$1.962.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$130.442.26%
  • tronTRON(TRX)$0.2989600.51%
  • staked-etherLido Staked Ether(STETH)$3,020.110.82%
  • dogecoinDogecoin(DOGE)$0.1270022.39%