Ethereum Sells 5000 Ether for $10.2 Million
@EthereumFndn finalized the sale of 5,000 $ETH for $10.2M to Bitmine Immersion Technologies at an average price of $2,042.96 per ETH, supporting core operations and ecosystem growth. #Update #Crypto $ETH
@EthereumFndn finalized the sale of 5,000 $ETH for $10.2M to Bitmine Immersion Technologies at an average price of $2,042.96 per ETH, supporting core operations and ecosystem growth. #Update #Crypto $ETH
BitMine acquires 60,000 $ETH, with the chair discussing Ethereum’s outlook and crypto prices, signaling potential market shifts. #Breaking #Crypto $ETH
@BitMineImmersionTechnologies purchased 60,976 $ETH for $120 million, raising total holdings to over 4.5 million tokens valued at $9 billion, amid signs of a market bottom. #Update #Crypto $ETH
@Bitmine Immersion Technologies (BMNR) increased its ETH holdings to 4.474 million after purchasing nearly 51,000 tokens, now worth $6 billion; staking revenue could reach $253 million annually. #Update #Crypto $ETH
@BitMine Immersion Technologies (BMNR) bought 45,759 $ETH for over $90M last week, raising total holdings to 4.37M tokens worth $8.7B amid depressed market sentiment. #Update #Crypto $ETH
BitMine acquires $110M in $ETH, nearing 3.5% supply milestone as Ethereum falls below $3,000 support zone. #Update #Crypto $ETH
More than 36 million ETH is staked in Ethereum’s proof-of-stake system, valued at over $118 billion, but concentration among large holders raises concerns about market influence. #Update #Crypto $ETH
@BitMine has staked 1.53 million $ETH, valued over $5B, causing Ethereum’s beacon chain to reach 36M ETH staked, leading to a 40-day validator queue and liquidity concerns. #Update #Crypto $ETH
@BitmineImmersion has amassed a $14 billion Ethereum asset base with 4.168 million ETH, representing 3.45% of total supply, while targeting 5% ownership by 2026. #Update #Crypto $ETH
Tom Lee, chairman of BitMine Immersion, urges shareholders to approve a proposal increasing authorized shares to 50 billion by January 14, emphasizing future share splits and capital raising. #Update #Crypto $ETH
@Bitmine Immersion Technologies (BMNR) holds 4.1 million $ETH, valued at $3.2 billion, and total assets of $13.2 billion, making it the largest publicly owned ether treasury #Update #Crypto $ETH
A single corporate treasury, @BitMine, has caused a backlog of 734,299 ETH waiting to stake, while only 343,179 ETH exits; this shift follows new SEC regulations easing institutional staking risks. #Update #Crypto $ETH
Tom Lee predicts $ETH could hit $12,000 if the ETH/BTC ratio returns to its eight-year average, with potential for $62,500 if it reaches 0.2500. #Update #Crypto $ETH
Ethereum ($ETH) reclaims $3,000 as Bitmine buys 18,345 ETH ($54.94M), signaling bullish sentiment amid improved macro conditions and whale accumulation. #Update #Crypto $ETH