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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

$2,326.03

+10.43%

$2,326.03

+10.43%

(24s)

24h Volume

$33,790,273,040.09

24h H/L

$2,360.00 / $2,106.00

Change: $254.00 (12.06%)

Long/Short

55.4%

Long: 55.4%Short: 44.6%

Funding Rate

+0.0055%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,321.60

▲ 3.05%

Volume (24h): -

Resistance Levels

Resistance 3$2,558.86

Resistance 2$2,397.18

Resistance 1$2,347.02

Price$2,321.60

Support 1$2,262.61

Support 2$2,208.53

Support 3$2,032.77

Pivot (PP):$2,164.15

Trend:Uptrend

RSI (14):84.3

Decrypt Editorial

(03:18 PM UTC)

1 min read

Approved byMichael Roberts

0 comments

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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