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via Decrypt · By Decrypt Editorial

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

ETH

ETH/USDT

$1,712.13

-1.80%

$1,712.13

-1.80%

(24s)

24h Volume

$5,119,047,610.60

24h H/L

$1,743.76 / $1,702.00

Change: $41.76 (2.45%)

Long/Short

72.3%

Long: 72.3%Short: 27.8%

Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,714.76

▼ -1.51%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,776.57

Resistance 1$1,734.43

Price$1,714.76

Support 1$1,710.43

Support 2$1,657.91

Support 3$1,613.45

Pivot (PP):$1,719.40

Trend:Downtrend

RSI (14):40.0

Decrypt Editorial

(04:25 PM UTC)

1 min read

Reviewed byEmily Watson

956 views

0 comments

In brief

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…

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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