Bitmine Immersion Technologies, led by Tom Lee, has purchased 9,587 ETH worth $20 million, bringing its total holdings to about 6.06 million ETH, close to its goal of owning 5% of Ethereum's circulating supply. This move shows strong confidence in Ethereum's long-term value despite recent price declines and market liquidations. Bitmine's accumulation could influence Ethereum's price stability and reflects a trend of concentrated ownership. Market watchers will focus on Ethereum's price movements and the impact of tokenization, AI developments, and regulatory changes on its future trajectory.
While Bitmine Immersion Technologies aims to hold 5% of Ethereum's circulating supply, Ethereum trades at Rp38.580.110 on Pluang as of Nov 09, 2026 21:51 WIB, down 4.62% in one day. Despite this decline, Ethereum's market cap remains substantial at Rp4.682,84 trillion with a 64% buy order activity, indicating ongoing investor interest. The typical hold time of 108 days on Pluang suggests a moderate-term commitment among users amid current price fluctuations.
A wallet connected by analysts to the UXLINK exploit began selling $148 million worth of long positions in Ethereum, Solana, and XRP on Hyperliquid on November 9. The sale is executed via a 16-hour TWAP order, expected to realize a $3.3 million loss ...
Ethereum is facing renewed selling pressure, approaching the critical $2,000 support level after failing to stabilize near $2,200. This downturn is driven by leveraged liquidations and institutional ETF withdrawals totaling $365 million, notably from...
Recent data shows Ethereum (ETH) experienced the largest outflows among major cryptocurrencies at $114.82 million, significantly surpassing Bitcoin's (BTC) outflows of $13.90 million. Meanwhile, BTC led inflows with $95.20 million, followed by ETH wi...
Ethereum fell 5.3% to around $2,119 on November 9, 2026, driven by $462 million in forced long liquidations and $365 million in outflows from US spot ether ETFs. The ETH/BTC ratio hit its lowest since mid-July, signaling ether's relative weakness aga...
On November 9, 2026, 50 tokens including Pi Network and Flare set new all-time lows, while 5 tokens like Ritual and Wintermute USDC Select reached new all-time highs. Despite some tokens hitting highs, many remain significantly below their peaks, wit...
