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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

$1,777.37
+0.48%
24h Volume

$7,259,654,624.09

24h H/L

$1,808.00 / $1,748.79

Change: $59.21 (3.39%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,770.52

-0.85%

Volume (24h): -

Resistance Levels
Resistance 3$1,985.30
Resistance 2$1,869.77
Resistance 1$1,807.10
Price$1,770.52
Support 1$1,732.06
Support 2$1,678.74
Support 3$1,615.03
Pivot (PP):$1,777.99
Trend:Downtrend
RSI (14):55.7
CS
CoinDesk Staff
(12:53 PM UTC)
1 min read
DK
Updated byDavid Kim
1180 views
0 comments

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…

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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