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via Decrypt · By Decrypt Editorial

Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum

ETH

ETH/USDT

$2,681.75
-0.33%
24h Volume

$13,058,798,814.92

24h H/L

$2,706.00 / $2,600.15

Change: $105.85 (4.07%)

Long/Short
60.4%
Long: 60.4%Short: 39.6%
Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,679.82

▼ -0.31%

Volume (24h): -

Resistance Levels
Resistance 3$3,143.74
Resistance 2$2,781.69
Resistance 1$2,703.03
Price$2,679.82
Support 1$2,677.49
Support 2$2,559.03
Support 3$2,335.60
Pivot (PP):$2,664.73
Trend:Uptrend
RSI (14):62.6
DE
Decrypt Editorial
(03:18 PM UTC)
1 min read
MR
Approved byMichael Roberts

Leading Ethereum treasury firm BitMine Immersion Technologies made its largest ETH-denominated purchase of 2026 last week, adding 126,971 ETH or around $214 million worth of the second-largest cryptocurrency by market cap.

The firm’s major acquisition comes amid what the firm sees as a “strengthening case” for Ethereum following the AI-assisted discovery of a vulnerability in privacy protocol…

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