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via Cointelegraph · By Cointelegraph Staff

Bitmine's Ether Holdings Reach 5.54M ETH After Latest Purchase

ETH

ETH/USDT

$1,711.32
+0.91%
24h Volume

$5,559,832,022.08

24h H/L

$1,718.00 / $1,679.11

Change: $38.89 (2.32%)

Long/Short
71.8%
Long: 71.8%Short: 28.2%
Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,707.33

-0.22%

Volume (24h): -

Resistance Levels
Resistance 3$1,872.11
Resistance 2$1,786.57
Resistance 1$1,710.65
Price$1,707.33
Support 1$1,680.15
Support 2$1,613.93
Support 3$1,505.68
Pivot (PP):$1,709.80
Trend:Downtrend
RSI (14):38.3
CS
Cointelegraph Staff
(07:00 AM UTC)
1 min read
JM
Updated byJames Mitchell
748 views
0 comments

Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59% of Ethereum's total supply.

The company said it has now reached 92% of its stated goal of acquiring 5% of Ethereum's total supply, a strategy it calls the “Alchemy of 5%.” It added that 4.72 million ETH (ETH), or about 85% of its…

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

Cointelegraph Staff · Cointelegraph

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