On-chain data shows that Tomley’s Bitmine And Donald Trump’s World Liberty Financial (WLFI) is buying dip amid the recent Ethereum price crash. The companies have purchased nearly $140 million in ETH purchases as they doubled their bet on the largest Altcoin by market capitalization.
Bitmine and Donald Trump WLFI buy dip
According to the on-chain analytics platform LookonchainBitmine purchased 106,485 ETH ($470.51 million) on August 15th Ethereum prices It crashed from $4,500 from its 2025 high. Meanwhile, Donald Trump’s WLFI purchased At the same time, 1,911 ETH ($8.6 million). Bitmine currently holds Ethereum Treasury ETH 1.3 million ($5.75 billion).
Bitmine in particular is shopping. The company had it just before the $470 million purchase. I bought 28,649 ETHworth around $129.88 million. Tom Lee’s company made these purchases through Galaxy Digital’s OTC. Two days ago, it had bought $158.47 million at ETH. Arkham data.
Bitmine is currently the largest Ethereum financing company and is ahead of second place. Sharplink, keep 728,800 ETH ($3.16 billion). Tom Lee’s company has declared its intention to hold at least 5% of its total supply of ETH and has filed $20 billion in shares to advance this strategy.
Like Bitmine, Donald Trump’s WLFI is another bullish whale in Ethereum. Following his recent purchase of WLFI, Donald Trump’s son Eric Trump encouraged again To buy dip. Earlier this year in February, he expressed his opinion that it was the best time to buy an ETH when it was trading for around $2,800.
Ethereum then suffered from some pullbacks Donald Trump’s son It doubled by encouraging everyone to buy ETH. Altcoin, the largest by market capitalization, has faced a revival over the past 90 days, up over 66% over this period. AltCoin has increased by 27% since the start of the year (YTD).
Other whales are buying ETH
Tomley’s Bitmine and Donald Trump’s WLFIother whales have accumulated Ethereum during this downtrend. Lookonchain attracted attention To the “mysterious institution” that purchases ETH. Over the past week, the agency has created three new wallets and withdrawn 92,899 ETH ($412 million) from Kraken.
Additionally, two newly created wallets 25,684 ETH retreated ($114.3 million) From Falconx on August 17th. This has now led to ETH collision with a new low amid this downtrend. Investors who like Bitmine and Donald Trump’s WLFI continue to buy, Available for sale by Ethereum Foundation. The organization sold 7,294 ETH ($33.25 million).
At the time of writing, Ethereum prices are trading at around $4,340, down more than 3% in the last 24 hours. data From CoinMarketCap.
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