Tag: Bitmine
Ethereum price analysis: $773M leaves exchanges in 5 days while Binance quietly adds 132,000 ETH
Some 174,162 ETH left exchanges on April 20. That’s roughly $400 million – gone in a single Sunday, making it the second-largest outflow we’ve tracked in 10 days. And Binance, the exchange that handles more Ethereum volume than anyone else, didn’t lose a single token. It gained them. Ethereum trades at $2,296 as of Monday,…
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Ethereum price analysis: $309M in ETH floods exchanges in 3 days as BitMine debuts on NYSE with 4% of supply
The ceasefire rally lifted ETH 7.5% in a week – but exchange data shows profit-taking at scale while institutions bet bigger than ever. Ethereum pulled back to $2,191 on Wednesday, giving up 2.3% in 24 hours. That $2,265 high from Tuesday? Gone before most of Asia even woke up. The Iran ceasefire rally – which…
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Ethereum price analysis: $1.9B in ETH floods exchanges after 4 days of silence
Exchange deposits spiked 254% in one day as leverage rebuilds ahead of Trump’s Iran and tariff deadlines. ETH fell 2.9% to $2,087 on Monday. That’s not what this Ethereum price analysis is about. The real story played out on exchanges over the weekend. After four days of near-total silence, deposits exploded to 907,000 ETH in…
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Bitmine Lost $7.8 Billion on Ethereum and Just Bought $108 Million More
One company controls 3.86% of all Ethereum in existence – and it refuses to stop buying. Bitmine Immersion Technologies dropped another $108 million on 50,000 ETH this week while sitting on roughly $7.8 billion in unrealized losses. ETH slipped below $2,000 on March 27 for the first time since early March. Bitmine’s response? Buy more.…
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