Tom Lee says Ether Pullback was Chance for Bitmine to Buy 71K ETH

ETH

ETH/USDT

$2,497.30

+1.53%

$2,497.30

+1.53%

(24s)

24h Volume

$7,151,924,200.79

24h H/L

$2,523.97 / $2,450.00

Change: $73.97 (3.02%)

Long/Short

58.6%

Long: 58.6%Short: 41.4%

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,504.00

▲ 0.95%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,552.17

Price$2,504.00

Support 1$2,449.71

Support 2$2,372.73

Support 3$2,190.20

Pivot (PP):$2,472.79

Trend:Uptrend

RSI (14):65.3

Cointelegraph Staff

(04:21 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile.

Ether (ETH) has traded between $2,081 and $2,341 over the past seven days. It was trading at $2,128 as of Tuesday and was down 8.7% over the same period.

“Over the past week, we acquired 71,672 ETH. We view the…