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via CoinDesk · By CoinDesk Staff
Ethereum news: Tom Lee's Bitmine (BMNR) bought the dip, acquiring 126,971 ETH as prices tanked
ETH
ETH/USDT
$1,880.67
+0.03%
$1,880.67
+0.03%
(24s)24h Volume
$1,775,471,837.14
24h H/L
$1,886.58 / $1,876.01
Change: $10.57 (0.56%)
Long/Short
66.8%
Long: 66.8%Short: 33.2%
Funding Rate
+0.0046%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:53 PM UTC)
1 min read
Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked
The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases.
Bitmine (BMNR), the largest Ethereum treasury company, ramped up its purchases of ether (ETH) last week, making its largest weekly purchase in 2026 as crypto prices…
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