Tom Lee’s BitMine Slows Ethereum Buying Pace, Adding $62 Million in ETH

ETH

ETH/USDT

$2,716.27

+2.45%

$2,716.27

+2.45%

(24s)

24h Volume

$12,083,411,443.54

24h H/L

$2,719.28 / $2,639.37

Change: $79.91 (3.03%)

Long/Short

59.5%

Long: 59.5%Short: 40.5%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,712.60

▲ 0.91%

Volume (24h): -

Resistance Levels

Resistance 3$3,305.55

Resistance 2$3,143.74

Resistance 1$2,781.69

Price$2,712.60

Support 1$2,677.49

Support 2$2,559.64

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):64.8

Decrypt Editorial

(03:03 PM UTC)

1 min read

BitMine added 26,659 ETH or about $62 million worth last week, decreasing its previous pace of ETH purchases.
The firm now holds more than 5.2 million ETH, valued around $12.1 billion.
Shares in the firm have fallen more than 43% in the last six months.

Publicly traded Ethereum treasury firm BitMine Immersion Technologies took its foot off the gas last week, adding 26,659 ETH or around…