Tom Lee's BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin

ETH

ETH/USDT

$2,332.10

+3.72%

$2,332.10

+3.72%

(24s)

24h Volume

$24,188,661,843.01

24h H/L

$2,360.00 / $2,221.54

Change: $138.46 (6.23%)

Long/Short

55.6%

Long: 55.6%Short: 44.4%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,318.74

▲ 2.93%

Volume (24h): -

Resistance Levels

Resistance 3$2,592.09

Resistance 2$2,396.86

Resistance 1$2,347.02

Price$2,318.74

Support 1$2,262.61

Support 2$2,208.50

Support 3$2,032.77

Pivot (PP):$2,164.15

Trend:Uptrend

RSI (14):84.2

Decrypt Editorial

(04:25 PM UTC)

1 min read

ETH treasury firm BitMine Immersion Technologies added another $52 million in Ethereum.
Meanwhile, its Bitcoin counterpart Strategy sold $2.5 million worth of BTC to fund its dividend-paying preferred stock.
BitMine now holds around 4.48% of the Ethereum circulating supply, valued at more than $10.6 billion.

Publicly traded Ethereum treasury firm BitMine Immersion Technologies once…