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

ETH

ETH/USDT

$2,396.14

+5.71%

$2,396.14

+5.71%

(24s)

24h Volume

$26,137,174,870.40

24h H/L

$2,398.93 / $2,255.68

Change: $143.25 (6.35%)

Long/Short

56.4%

Long: 56.4%Short: 43.6%

Funding Rate

+0.0073%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,390.00

▲ 2.71%

Volume (24h): -

Resistance Levels

Resistance 3$2,743.13

Resistance 2$2,618.86

Resistance 1$2,426.38

Price$2,390.00

Support 1$2,312.19

Support 2$2,264.93

Support 3$2,210.65

Pivot (PP):$2,302.79

Trend:Uptrend

RSI (14):86.0

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…