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via CoinDesk · By CoinDesk Staff

Ethereum, BMNR news: ETH may lose its biggest buyer as Bitmine mulls slowing down purchases

ETH

ETH/USDT

$1,872.46
-0.69%
24h Volume

$2,511,187,481.69

24h H/L

$1,892.31 / $1,869.17

Change: $23.14 (1.24%)

Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,874.90

-0.41%

Volume (24h): -

Resistance Levels
Resistance 3$2,047.57
Resistance 2$1,932.34
Resistance 1$1,884.13
Price$1,874.90
Support 1$1,853.62
Support 2$1,792.05
Support 3$1,712.62
Pivot (PP):$1,881.75
Trend:Sideways
RSI (14):49.5
CS
CoinDesk Staff
(06:17 PM UTC)
1 min read
SC
Approved bySarah Chen

Bitmine to slow down ether purchases as it nears accumulation goal, Tom Lee says

At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.

Miami — Bitmine (BMNR), the largest Ethereum treasury firm, may slow the pace of its ether (ETH) accumulation as the firm is inching closer…

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Source

CoinDesk Staff · CoinDesk

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