Bitmine has increased its holdings of ETH by $279 million in the past five hours, bringing its total holdings to 203,000 ETH this week.

Bitmine is suspected of increasing its holdings by 73,000 ETH (US$279 million) within 5 hours, and a total of 203,000 ETH (US$800 million) this week, with an average price of approximately US$3,935. The funds came from channels such as CEX and market makers.