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via CoinDesk · By CoinDesk Staff

Ethereum news: Bitmine (BMNR) buys $92 million ETH as Tom Lee reaffirms 'crypto spring' call

ETH

ETH/USDT

$1,689.83

-3.40%

$1,689.83

-3.40%

(24s)

24h Volume

$10,824,170,550.66

24h H/L

$1,779.90 / $1,680.52

Change: $99.38 (5.91%)

Long/Short

76.4%

Long: 76.4%Short: 23.6%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,693.98

▼ -1.98%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,779.58

Resistance 1$1,728.97

Price$1,693.98

Support 1$1,671.35

Support 2$1,616.00

Support 3$1,505.68

Pivot (PP):$1,703.58

Trend:Downtrend

RSI (14):39.1

CoinDesk Staff

(01:04 PM UTC)

1 min read

Updated byJames Mitchell

1324 views

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Tom Lee on the Mainstage at Consensus Miami 2026 (CoinDesk)

Summary

Bitmine bought $92 million in ether last week, closing in on its goal of owning 5% of the cryptocurrency.
Chairman Thomas Lee says Bitmine will keep steadily buying ETH through 2026 and maintains a bullish long-term view on crypto, arguing that Ethereum demand will be driven by…

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

CoinDesk Staff · CoinDesk

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