BitMine Immersion Technologies purchased 27,180 ETH for about $68 million, bringing its Ethereum reserves to 5.96 million ETH, close to 5% of the total supply. The company has consistently bought Ethereum weekly since June 2025 and stakes 85% of its holdings, generating significant annual revenue. BitMine's strategy positions it as a major Ethereum validator and investor, with potential market catalysts like the Clarity Act vote and Korean investor interest expected to support crypto by late 2026. However, price volatility remains a key risk for the company's large Ethereum holdings.
Ethereum trades at Rp44,089,610 on Pluang as of Sep 15, 2026 13:21 WIB, showing a slight 0.88% decline in the past day. Despite BitMine Immersion Technologies' large accumulation nearing 6 million ETH, Pluang's order activity leans more towards buying at 60%, with typical holders keeping their positions for about 106 days. The market cap stands at Rp5.368,11 trillion, reflecting Ethereum's significant presence in the crypto market as BitMine strengthens its stake.
U.S. spot Ether (ETH) exchange-traded funds experienced significant net outflows of $110.6 million on October 22, following a brief inflow of $14.9 million on October 21 that failed to offset losses from the previous five sessions. From October 14 to...
Ethereum's development team has postponed the Glamsterdam upgrade on the Hoodi test network because of security concerns related to changes in gas rules that might affect existing smart contracts. This delay raises questions about the network's stabi...
An Ethereum wallet that had been inactive for 9.5 years transferred 3,000 ETH to the Kraken exchange on October 22. When these tokens were withdrawn from Gemini in 2017, they were valued at $19 each, totaling about $56,000. The current value of the t...
Bitcoin dropped to around $81,000 amid a tech sector sell-off that pressured risk assets, including cryptocurrencies. Despite this, institutional demand remains strong, with US spot Bitcoin ETFs seeing $528 million in inflows over three days, led by ...
On October 22, Binance's Ethereum perpetual futures market recorded a single liquidation of a long position valued at $2.4 million. The liquidation occurred when the ETH price hit $2,400. This event highlights the risks involved in leveraged trading ...
