Tom Lee’s BitMine Slows Ethereum Buying Pace, Adding $62 Million in ETH
Ethereum treasury firm BitMine Immersion Technologies slowed its ETH purchase pace, adding just $62 million worth last week.
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Bitmine's significant ETH holdings and staking revenues highlight the growing influence of crypto-native systems on global financial architecture. The post Bitmine crosses 4.3% of total ETH supply as staking revenues hit $319 million annually appeared first on Crypto Briefing.
Read full articleEthereum treasury firm BitMine Immersion Technologies slowed its ETH purchase pace, adding just $62 million worth last week.
The post Tom Lee Doubles Down on ‘Crypto Spring’ Theory but Bitmine Slows ETH Accumulation appeared on BitcoinEthereumNews.com. Home » Crypto News Here’s what ETH has to do to validate the end of the current bear market. ‘; } function loadTrinityPlayer(targetWrapper, theme,extras=””) { cleanupPlayer(targetWrapper); // Always clean first ✅ targetWrapper.classList.add(‘played’); // Create script const scriptEl = document.createElement(“script”); scriptEl.setAttribute(“fetchpriority”, “high”); scriptEl.setAttribute(“charset”, “UTF-8”); const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`); scriptURL.searchParams.set(“pageURL”, window.location.href); scriptEl.src = scriptURL.toString(); // Insert player const placeholder = targetWrapper.querySelector(“.add-before-this”); placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling); } function getTheme() { return document.body.classList.contai
Here's what ETH has to do to validate the end of the current bear market.
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.21 Million Tokens, and Total Crypto and Total Cash Holdings of $13.4 Billion
PRNewswire, PRNewswire, 11th May 2026, Chainwire
The post Bitforex Founder Garrett Jin Deposits $1.35B in ETH to Binance in 4 Days appeared on BitcoinEthereumNews.com. Key Takeaways Garrett Jin deposited all 577,896 ETH ($1.35B) into Binance over 4 days ending May 11, 2026. Jin acquired the ETH by swapping BTC at $4,591 per ETH; the position has since lost about 49%. The Bitforex founder still holds roughly 9,343 BTC worth $757M despite the ETH drawdown. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin completed the transfer of its entire ether ( ETH) holdings to Binance on Sunday. The final batch was 225,627 ETH, worth approximately $528.19 million at current prices, bringing the total deposit over four days to 577,896 ETH, or roughly $1.35 billion. Onchain data showing Garrett Jin’s remaining 225,627 $ ETH being deposited into Binance. The transfer closes the book on what appears to be a costly trade given Jin swapped his bitcoin holdings for ETH approximately eight months ago, when ether was changi
A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin […]
Ethereum Foundation's shift from Lido highlights a move towards decentralization, impacting staking dynamics and market liquidity strategies. The post Ethereum Foundation unstakes $49.6M of ETH from Lido in strategic pivot appeared first on Crypto Briefing.