Ethereum's price dropped 13% from its March 15 peak to $2,135, driven by large whale wallet sales at the peak. However, a significant withdrawal of 870,000 ETH (worth about $1.8 billion) from exchanges between March 21-22 indicates strong buying interest, as holders moved coins to self-custody. This buying pressure could counteract the recent correction if the price holds above key support levels around $2,027. A daily close above $2,148 is needed for Ethereum to recover towards $2,350, but failure to hold support could push prices down to $1,928, invalidating the bullish outlook.
Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it...
BitMine Immersion Technologies reported $46.5 million in revenue for the quarter ending May 31, 2026, with 98% coming from Ethereum staking. The company has shifted focus from Bitcoin mining to Ethereum staking and now holds about 5.77 million ETH, w...
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Ethereum is currently holding a critical long-term support zone around $1,500, which has historically been a base for recoveries. Analysts highlight that reclaiming resistance levels at $1,820, $2,463, and $2,874 could set the stage for a move toward...
Ethereum surged nearly 5% past the $1,850 resistance following softer-than-expected US inflation data, which eased fears of aggressive Federal Reserve rate hikes. This triggered a short squeeze, wiping out leveraged short positions and pushing the pr...
