The Ethereum Foundation completed its third over-the-counter sale of 10,000 ETH to BitMine Immersion Technologies at an average price of $2,292, totaling about $22.9 million. This transaction is part of the Foundation's treasury management strategy to fund core operations such as R&D, ecosystem development, and community grants. BitMine, chaired by Tom Lee, continues to accumulate large Ethereum holdings, now nearly 5 million ETH, reinforcing its position as the largest Ethereum treasury holder. The Foundation balances ETH sales with staking to maintain liquidity and long-term network alignment.
Bitmine Immersion Technologies recently acquired 111,942 ETH, raising its total Ethereum reserves to about 5.4 million ETH. Chairman Tom Lee views the recent ETH price dip below $2,200 as a buying opportunity and remains bullish on a crypto supercycl...
David Hoffman, co-founder of Bankless, sold his Ethereum (ETH) holdings after concluding that the long-standing thesis of 'ETH is money' has largely played out. Despite selling his ETH, Hoffman remains bullish on the Ethereum network and its ecosyste...
Ethereum options markets remain bullish with a focus on $2,350 call options, even as total open interest slightly decreased to $6.96 billion. Calls represent 61.6% of contracts, indicating optimism for higher prices, while significant put interest ne...
Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...
An Ethereum whale moved 2,000 ETH after holding it dormant for over 10 years, triggering discussion about whether this signals profit-taking or a potential distribution amid Ethereum's recent underperformance against Bitcoin. Despite ETH's weaker pri...
