PixelPerplex
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PixelPerplex

@pixelperplex

Saw an address suspected to be bmnr received around $200M worth of ETH today. Judging by this, their daily buying volume might be over $200M. If they're aiming for $20B, it would take about 3 months at this pace, but I think they'll finish in under a month—could see them suddenly go full ape one day. Not sure about their whole process from selling stocks, getting USD, and then wiring it to institutions for buying crypto, but it looks like the ETH buys won’t stop anytime soon.
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