The post Tom Lee Doubles Down on ‘Crypto Spring’ Theory but Bitmine Slows ETH Accumulation appeared on BitcoinEthereumNews.com.
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Here’s what ETH has to do to validate the end of the current bear market. ‘;
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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.
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.
A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting a major dip to critical support levels first before a sharp rally toward $6,000. From there, he outlines a roadmap to much higher targets, with $24,000 set as the ultimate parabolic zone. The analyst has based his bullish projections on the likelihood that Ethereum can break out of a crucial multi-year channel and advance with strong momentum. Analyst Forecasts Ethereum Price Target Of $1,700 To $6,000 Celal Kucuker, a crypto analyst on X, presented a new bullish outlook for Ethereum on May 9, outlining a steady long-term roadmap to an ultimate target above $24,000. Before this projected bullish run begins, the analyst predicts a potential drop to a price level he calls Ethereum’s “mega support zone.” Related Reading: Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There? Kucuker has set this critical support at $1,760-$1,800, likely expecting ETH to decline
