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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

$2,495.02

+0.69%

$2,495.02

+0.69%

(24s)

24h Volume

$7,730,780,161.34

24h H/L

$2,523.97 / $2,460.92

Change: $63.05 (2.56%)

Long/Short

56.2%

Long: 56.2%Short: 43.8%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,489.66

▲ 0.38%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,564.88

Resistance 1$2,501.12

Price$2,489.66

Support 1$2,478.04

Support 2$2,402.92

Support 3$2,190.20

Pivot (PP):$2,472.79

Trend:Uptrend

RSI (14):64.5

CoinDesk Staff

(06:17 PM UTC)

1 min read

Approved bySarah Chen

0 comments

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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CoinDesk Staff · CoinDesk

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