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via The Block · By The Block Editorial

'Crypto spring has commenced,' Tom Lee says as Bitmine's weekly accumulation slows below 100,000 ETH pace

ETH

ETH/USDT

$1,647.89
-1.25%
24h Volume

$15,572,097,261.97

24h H/L

$1,693.67 / $1,552.95

Change: $140.72 (9.06%)

Long/Short
73.3%
Long: 73.3%Short: 26.7%
Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,653.89

1.95%

Volume (24h): -

Resistance Levels
Resistance 3$1,872.11
Resistance 2$1,771.84
Resistance 1$1,691.64
Price$1,653.89
Support 1$1,623.86
Support 2$1,572.08
Support 3$1,505.68
Pivot (PP):$1,643.04
Trend:Downtrend
RSI (14):37.9
TB
The Block Editorial
(01:19 PM UTC)
1 min read
DK
Verified byDavid Kim
1236 views
0 comments

Tom Lee-chaired Ethereum treasury company Bitmine Immersion's (BMNR) holdings have reached 5,206,790 ETH — worth around $12.1 billion at current prices — following its latest weekly acquisitions.

Bitmine bought another 26,659 ETH since its last update on May 4, reporting its total crypto and cash holdings stood at $13.4 billion on Monday. Bitmine did not disclose the average purchase price, but…

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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