Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion - TrendCloud
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Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion
Bitmine's rapid ETH accumulation could influence market dynamics, signaling potential shifts in crypto investment strategies and staking trends.
The post Bitmine hits 89% of ETH ownership goal in under a year of accumulation appeared first on Crypto Briefing.
BitMine Immersion Technologies now controls 5,390,404 ETH—around 4.47% of Ethereum’s total supply—after quietly accelerating its “5% Alchemy” accumulation strategy to within striking distance of its self-imposed goal. As of May 25, BitMine Immersion Technologies says its treasury has reached 5,390,404…
Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges, […]
The post Ethereum Whale Transfers 2,000 ETH After Decade-Long Hold appeared on BitcoinEthereumNews.com.
An address beginning with 0x158 moved nearly 2,000 ETH after more than 10 years. Arkham data showed the ETH was bought during Ethereum’s 2014 presale at about $0.31 per coin. Ethereum’s 2014 token sale ran from July 22 to September 2, with ETH priced around $0.31. A long-dormant Ethereum presale wallet moved nearly 2,000 ETH after holding the coins for more than a decade, turning one of Ethereum’s earliest purchases into a multimillion-dollar position. Arkham monitoring showed that the address, starting with 0x158, bought the ETH during the 2014 Ethereum presale at about $0.31 per token. At current prices, the transfer was worth around $4.2 million, compared with an original cost of roughly $620. Presale Wallet Moves After 10 Years Data showed the old wallet moved 1,998 ETH to another address, followed by two smaller 1 ETH transfers. The larger transfer was valued at about $4.22 mill
An onchain trader has abandoned a $100 million ether short position after absorbing a $260,000 loss and immediately reversed course, opening a leveraged 20x long bet on bitcoin worth $13.43 million. Trader Flips From ETH Short to Leveraged Bitcoin Long A pseudonymous high- leverage trader closed a short position on ether ( ETH) worth over […]