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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

$2,689.86

+0.69%

$2,689.86

+0.69%

(24s)

24h Volume

$10,847,642,024.05

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

CoinDesk Staff

(12:53 PM UTC)

1 min read

Updated byDavid Kim

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…

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CoinDesk Staff · CoinDesk

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