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

ETH

ETH/USDT

$1,886.48

+0.15%

$1,886.48

+0.15%

(24s)

24h Volume

$1,855,293,719.55

24h H/L

$1,892.31 / $1,877.01

Change: $15.30 (0.82%)

Long/Short

66.7%

Long: 66.7%Short: 33.3%

Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,887.14

▲ 0.24%

Volume (24h): -

Resistance Levels

Resistance 3$2,194.88

Resistance 2$2,047.57

Resistance 1$1,910.65

Price$1,887.14

Support 1$1,882.59

Support 2$1,837.64

Support 3$1,792.05

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):51.9

Cointelegraph Staff

(04:21 AM UTC)

1 min read

Verified byDavid Kim

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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…