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COINOTAG News reported on November 16 that TheDataNerd‘s trackers show a notable shift in ETH allocations among top institutional holders over the past week.
According to the data, Bitmine, the lead Ethereum holder, expanded its ETH portfolio by 67,021 tokens, with sources traced to Galaxy Digital, FalconX, and Coinbase, equating to roughly $234.47 million.
The development highlights sustained institutional demand for Ethereum and demonstrates active balance-sheet management among marquee counterparties, as TheDataNerd‘s feed corroborates. Readers should monitor subsequent transfers for further clarity on market liquidity and price implications.
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