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via Cointelegraph · By Cointelegraph Staff

Bitmine Slows Ether Buy, Targets 5% ETH Supply by December

ETH

ETH/USDT

$1,557.13

-1.49%

$1,557.13

-1.49%

(24s)

24h Volume

$15,756,756,828.32

24h H/L

$1,660.54 / $1,532.90

Change: $127.64 (8.33%)

Long/Short

79.2%

Long: 79.2%Short: 20.8%

Funding Rate

-0.0026%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,566.82

▼ -3.41%

Volume (24h): -

Resistance Levels

Resistance 3$1,770.04

Resistance 2$1,687.64

Resistance 1$1,585.08

Price$1,566.82

Support 1$1,552.16

Support 2$1,459.11

Support 3$1,244.77

Pivot (PP):$1,586.75

Trend:Downtrend

RSI (14):30.5

Cointelegraph Staff

(04:53 AM UTC)

1 min read

Updated byDavid Kim

1244 views

0 comments

Ether treasury company Bitmine Immersion Technologies has slowed the pace of its Ether purchases after previously increasing its buying rate and acquiring more than 100,000 tokens over the last three weeks.

Bitmine said on Monday that it purchased 26,659 ETH over the last week, down from the over 100,000 tokens a week it was previously maintaining, but that it was still on track for its goal to…

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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Cointelegraph Staff · Cointelegraph

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