Ethereum Foundation Moves 10K ETH In Latest Bitmine Transfer – Details

The Ethereum Foundation has completed another over-the-counter sale of its ETH holdings, this time offloading 10,000 ETH to BitMine Immersion Technologies as the counterparty. The transaction follows a continuing pattern of structured selling that has defined the Foundation’s treasury activity in recent months. Related Reading: Crypto Market Still In Fear After Historical Lows, But Can […]

Ethereum Foundation Sells 10,000 ETH To BitMine In $24M OTC Deal

Barely a month after its first transaction with BitMine, the Ethereum Foundation has announced another sale of significant amounts of Ether tokens to the digital asset treasury (DAT) company. BitMine Picks Up Additional 10,000 ETH From Ethereum Foundation In an April 24th post on the X platform, the Ethereum Foundation disclosed that it has “finalized […]

Institutional Wallets Received 100,000 Ethereum ($233.7M) From BitGo: Discover Who Is Behind The Move

Ethereum has been consolidating below $2,400 for weeks, building a base that the market has been watching with growing anticipation. The technical structure suggests a breakout is being prepared rather than delayed — and fresh data from Arkham Intelligence has just added a layer of institutional context that reframes what the current consolidation may actually […]

Crypto Power Move: Bitmine Ramps Up Ethereum Buys To 4.6M ETH

Bitmine Immersion Technologies has been buying Ether steadily and has pushed its holdings to roughly 4.5 million tokens, a position that makes the firm one of the largest corporate holders on record. Related Reading: Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases According to reports, the latest disclosed move included an over-the-counter […]

Ethereum Foundation Finalizes 5,000 ETH Sale In $10M OTC Deal — Details

The Ethereum Foundation (EF) announced that it has completed an over-the-counter (OTC) sale of 5,000 ETH over the weekend. According to the organization’s disclosure, proceeds from this sale will be directed towards its core operations and other activities. Ethereum Foundation Sells $10 Million In ETH To BitMine In a March 14 post on the social […]

Ethereum Under Pressure As Researchers Issue Critical Report

Ethereum is facing renewed scrutiny after Culper Research released a sharply critical report outlining its bearish stance on the second-largest cryptocurrency by market capitalization. The reporter argues that the key aspects of the ETH ecosystem and long-term narrative may be weaker than widely believed, prompting the firm to disclose that it has taken a short […]

BitMine Buys Over 40,000 ETH As Sell-Off Deepens, Shrugs Off Massive Paper Losses

BitMine Immersion Technologies kept buying as prices fell, scooping up 40,613 ETH during last week’s sell-off. Reports say the purchase totaled roughly $83–$84 million, made when Ether traded near $2,020 per token. Related Reading: Crypto Markets Catch A Breather As Outflows Begin To Slow: Analysts BitMine’s Growing Stake And The Man At The Helm According […]

Tom Lee Says BitMine’s Ethereum Losses Are ‘A Feature, Not A Bug’

BitMine chairman Tom Lee has responded to talks about the firm’s unrealized Ethereum treaury losses, arguing they are part of the design. BitMine’s Ethereum Holdings Are In Notable Loss After The Crash The digital asset sector has seen a major bearish turn over the past week and Ethereum has been among the worst-hit assets, declining […]