On-chain data reveals that a wallet associated with Tom Lee's Fundstrat, identified as 'Bitmine', has purchased an additional 28,625 ETH, valued at approximately $82.11 million. The transaction was notably funded via inflows from the institutional trading desk FalconX. This latest acquisition adds to their significant on-chain holdings and highlights continued institutional interest and accumulation strategies surrounding Ethereum. The purchase comes amidst market price fluctuations, signaling strong institutional conviction in Ethereum's long-term value proposition despite short-term volatility. Such large-scale accumulation by sophisticated entities is often viewed by the market as a vote of confidence. [Update 1] Additional reports confirm the acquisition of 28,625 ETH (~$82M) by Tom Lee's Bitmine, reinforcing the narrative of institutional accumulation during price dips.