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

ETH

ETH/USDT

$2,691.23

+0.95%

$2,691.23

+0.95%

(24s)

24h Volume

$12,469,865,135.90

24h H/L

$2,706.00 / $2,600.15

Change: $105.85 (4.07%)

Long/Short

60.1%

Long: 60.1%Short: 39.9%

Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,693.70

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,781.69

Resistance 1$2,703.03

Price$2,693.70

Support 1$2,677.49

Support 2$2,559.03

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):63.8

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…