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via Decrypt · By Decrypt Editorial

Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion of ETH

ETH

ETH/USDT

$1,632.08

-2.22%

$1,632.08

-2.22%

(24s)

24h Volume

$16,031,596,956.29

24h H/L

$1,693.67 / $1,552.95

Change: $140.72 (9.06%)

Long/Short

73.4%

Long: 73.4%Short: 26.6%

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,631.28

▲ 0.56%

Volume (24h): -

Resistance Levels

Resistance 3$1,730.04

Resistance 2$1,681.37

Resistance 1$1,633.39

Price$1,631.28

Support 1$1,615.03

Support 2$1,564.62

Support 3$1,505.68

Pivot (PP):$1,635.50

Trend:Downtrend

RSI (14):35.1

Decrypt Editorial

(08:54 PM UTC)

1 min read

Approved byEmily Watson

1260 views

0 comments

In brief

Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases.
Of the potential slowdown, the firm's chairman Tom Lee said there are "other things to be doing in crypto right now."
Shares in the firm (BMNR) dropped nearly 4% on Thursday, but have gained 9% in the last month of trading.

Publicly traded Ethereum treasury firm BitMine Immersion Technologies…

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

Decrypt Editorial · Decrypt

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