According to Arkham monitoring, Bitmine, owned by Tom Lee, announced the purchase of $233 million in ETH in the past week. Currently, the total ETH holdings amount to $11.2 billion, accounting for 4.47% of the total ETH supply; Tom Lee still needs to buy $1.34 billion in ETH to reach 5%, and it is expected to reach the target by mid September at the current rate.

According to CryptoQuant analyst CW8900, despite the sluggish market and negative investor sentiment, data shows that the trading volume of altcoins is growing, and some funds are quietly accumulating altcoins.

CryptoQuant analyst Darkfrost stated that Bitcoin spot trading volume has decreased by 81% since October 2025. （Cointelegraph）

The Bank of Japan announced that the unrealized loss of its position in Japanese treasury bond bonds in the previous fiscal year amounted to 45.44 trillion yen (about 285.26 billion dollars), higher than the 28.63 trillion yen in the previous fiscal year, a record high. Officials stated that such losses do not affect monetary policy decisions, as the plan is to hold bonds until maturity. With the exit from the negative interest rate policy, the yield of Japanese treasury bond will rise due to the tightening of monetary policy, the rise of oil prices due to the Middle East conflict and the government's fiscal stimulus plan, which may aggravate the book losses.

According to Arkham monitoring, Tom Lee just bought ETH worth $230 million.