Bitmine adds 8,573 ETH, lifting holdings to 6.06 million Ether
Bitmine added 8,573 ETH last week, bringing its holdings to 6.06 million ETH, The Block reported, as chairman Tom Lee pointed to the market's muted response to the Binance hack. Decrypt reported Lee cited a roughly 4% ETH drop after the theft and said the firm's stash was nearing its 5% supply goal.
Key facts
ETH after this site detected it
- 5 minutes-0.03%vs BTC +0.02 pts
- 1 hour-0.37%vs BTC -0.15 pts
Claims and open questions
2 independent publishers report it (copies of the same text count once); they may still rely on one underlying source. An official source would raise it.
Security topic · core coin ETH · 2 publishers
Fresh security news
What sources claim
- Bitmine added 8,573 ETH last week, lifting its holdings to 6.06 million ETH, according to The Block.
- Tom Lee flagged the muted market response to Binance's hack, The Block reported.
- Decrypt reported that Lee cited a 4% ETH drop after the record Binance theft and said the firm's stash neared its 5% supply goal.
Still unresolved
- What is the exact size of Bitmine's stated 5% supply target in ETH, and what would confirm the company has reached it?
- Which six reasons did Tom Lee give for calling the market reaction bullish, and where were they published in full?
Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished.
Source evidence
Published Nov 2, 2026, 14:40 · Received Nov 2, 2026, 14:41
Published Nov 2, 2026, 16:23 · Received Nov 2, 2026, 16:25
Market reaction after detection
Measured from the sample nearest site detection, on the same source and quote currency.
| Window | Return | BTC | Difference from BTC (pp) | Actual sampled interval / source |
|---|---|---|---|---|
| 5 minutes | -0.03% | -0.05% | +0.02 pts | Nov 2, 2026, 14:41 → Nov 2, 2026, 14:46 (UTC) Gate · USDT |
| 1 hour | -0.37% | -0.22% | -0.15 pts | Nov 2, 2026, 14:41 → Nov 2, 2026, 15:41 (UTC) Gate · USDT |
Timing does not establish causation. Methods and limitations →
Recent ETH events and market reactions
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