A major move just surfaced on Kraken: Bitmine, the digital asset platform backed by analyst Tom Lee, accumulated another 20,000 ETH (worth approximately $65.4M) just 3 hours ago. This substantial acquisition signals continued institutional appetite for Ethereum amid current market conditions. Large ETH purchases like this typically draw attention from market participants tracking whale activity and fund positioning—especially when they involve established industry figures. The timing and scale of this transaction could offer clues about institutional sentiment heading into the next market phase.