Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
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Long-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses.
Spot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion, while Ether ETFs bled for 14 consecutive sessions.
Analysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability.
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
RWA standard ERC-7943 reaches final stage as Ethereum builders rethink how institutional finance move onchain.
Standard Chartered reaffirms bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak and fund flows turn negative.
ETH's price has entered a decisive breakdown stage of its prevailing technical pattern, indicating further declines toward $1,750 despite strong retail sentiment.
Ether futures positioning tightened near $2,000 as rising open interest and dense short liquidity increased focus on a possible squeeze above $2,150.
Bitcoin briefly lost the $75,000 level after net flows into spot BTC ETFs turned negative. Do technical charts point to a BTC and altcoin recovery?
PeckShield said the attacker bridged 43.7 ETH to Ethereum after minting trillions of vsdCRV, while EmberCN said most of the remaining tokens had insufficient liquidity to sell.
ETHConf, produced by ETHGlobal, will bring more than 5,000 attendees, 150+ speakers, and 100+ companies to the Javits Center in New York City from June 8-10, 2026 for three days focused on the future of Ethereum and institutional finance.
Spot HYPE ETFs absorbed 1.04% of Hyperliquid’s market cap in 10 trading days, beating Bitcoin and Ether ETF debuts.
“Ethereum got the ETH price it deserves, and I don’t see ETH being rerated as an asset, higher or lower,” says David Hoffman.
Bitmine purchased 111,942 Ether last week, its biggest buy so far in 2026, after the token dropped below $2,200.
Everstake said staking made up 60% of disclosed revenue among six Ethereum treasury firms, while loss-making companies posted $1.41 billion in losses.
Ether price eyes a 14% drop to $1,800 as it trades in a classic bearish pattern amid declining total value locked on the Ethereum network.
Bitcoin’s weekend bounce shows strong demand at lower levels, but holding $78,000 may remain a challenge for the bulls.
ETH’s rebound toward the whale’s liquidation zone near $2,150 puts its short at risk of over $1 million in potential losses.
The Ethereum Foundation holds less than 1% of all ETH in circulation while other protocol foundations typically hold 10-50% of their native token's supply, the founder said.
ETH’s bearish chart setup points to a 25% drop toward $1,600, risking over $10 billion in paper losses for BitMine in the coming weeks.