Ethereum Holdings Jump: BitMine Adds 1.08 Million ETH in 2 Months Amid 32% Price Decline

ETH

ETH/USDT

$2,065.36

-4.16%

$2,065.36

-4.16%

(24s)

24h Volume

$11,341,264,445.51

24h H/L

$2,157.00 / $2,050.12

Change: $106.88 (5.21%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,066.20

▼ -0.90%

Volume (24h): -

Resistance Levels

Resistance 3$2,233.72

Resistance 2$2,166.33

Resistance 1$2,083.64

Price$2,066.20

Support 1$2,063.38

Support 2$1,916.14

Support 3$1,747.80

Pivot (PP):$2,081.18

Trend:Uptrend

RSI (14):46.9

According to COINOTAG News, citing data from BitMine, ETH holdings expanded over a two-month window. As of September 29, BitMine held 2,650,900 ETH; the latest tally shows 3,726,499 ETH, marking a net increase of 1,075,599 ETH.

During this period, the Ethereum price declined, dropping from an October open near $4,142 to roughly $2,811 at press time, a 32% retreat. This juxtaposition underscores the challenge of reconciling reserve growth with a softer price environment in the crypto market.

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