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

ETH

ETH/USDT

$2,739.19

+3.32%

$2,739.19

+3.32%

(24s)

24h Volume

$12,614,584,023.78

24h H/L

$2,743.00 / $2,639.37

Change: $103.63 (3.93%)

Long/Short

59.6%

Long: 59.6%Short: 40.4%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,712.60

▲ 0.91%

Volume (24h): -

Resistance Levels

Resistance 3$3,305.55

Resistance 2$3,143.74

Resistance 1$2,781.69

Price$2,712.60

Support 1$2,677.49

Support 2$2,559.64

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):64.8

Decrypt Editorial

(08:54 PM UTC)

1 min read

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…