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Ethereum news: Bitmine (BMNR) buys the dip as Tom Lee ties ether's pullback to rising oil prices
ETH
ETH/USDT
$1,884.86
+0.01%
$1,884.86
+0.01%
(24s)24h Volume
$1,873,438,158.37
24h H/L
$1,892.31 / $1,877.01
Change: $15.30 (0.82%)
Long/Short
66.8%
Long: 66.8%Short: 33.2%
Funding Rate
+0.0029%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:01 PM UTC)
1 min read
The Ethereum treasury firm bought over 71,000 ETH last week, a sharp increase from the previous week's purchases.
Ethereum treasury firm Bitmine Immersion (BMNR) bought about $154 million in ether (ETH) last week, as Chairman Tom Lee blamed surging oil prices for the second-largest crypto's recent weakness.
The firm said it purchased 71,672 ETH, a sharp increase from the previous week's 26,000…
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