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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

$1,563.37

-2.87%

$1,563.37

-2.87%

(24s)

24h Volume

$14,925,441,948.72

24h H/L

$1,660.54 / $1,532.90

Change: $127.64 (8.33%)

Long/Short

79.1%

Long: 79.1%Short: 20.9%

Funding Rate

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,564.62

▼ -3.55%

Volume (24h): -

Resistance Levels

Resistance 3$1,687.53

Resistance 2$1,639.14

Resistance 1$1,584.71

Price$1,564.62

Support 1$1,552.06

Support 2$1,458.38

Support 3$1,244.77

Pivot (PP):$1,586.02

Trend:Downtrend

RSI (14):30.4

CoinDesk Staff

(06:17 PM UTC)

1 min read

Approved bySarah Chen

932 views

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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…

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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CoinDesk Staff · CoinDesk

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