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via The Block · By The Block Editorial

Bitmine adds 127,000 ether, bringing treasury to 5.54 million ETH as Tom Lee calls crypto selloff 'superficial'

ETH

ETH/USDT

$1,768.47
+0.50%
24h Volume

$7,386,345,906.68

24h H/L

$1,807.65 / $1,755.00

Change: $52.65 (3.00%)

Long/Short
65.0%
Long: 65.0%Short: 35.0%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,768.34

-0.69%

Volume (24h): -

Resistance Levels
Resistance 3$1,984.33
Resistance 2$1,872.11
Resistance 1$1,780.31
Price$1,768.34
Support 1$1,732.48
Support 2$1,678.77
Support 3$1,615.03
Pivot (PP):$1,768.70
Trend:Downtrend
RSI (14):55.7
TB
The Block Editorial
(01:52 PM UTC)
1 min read
MR
Verified byMichael Roberts
972 views
0 comments

Bitmine Immersion Technologies (BMNR) added 126,971 ether last week for roughly $207 million, pushing its total treasury to 5,543,872 ETH as the company accelerated purchases into a market selloff that pushed the cryptocurrency down roughly 30% from April highs.

The Monday announcement pegged holdings at 4.59% of ether's circulating supply of 120.7 million tokens, placing Bitmine 92% of the way…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

The Block Editorial · The Block

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