EthereumBitMine Hits 5 Million ETH Despite $6.5B in Unrealized Losses
BitMine bought 101,901 ETH in one week, reaching 5.08M total. Unrealized losses top $6.5B yet the company keeps buying and staking Ethereum.
EthereumBitMine bought 101,901 ETH in one week, reaching 5.08M total. Unrealized losses top $6.5B yet the company keeps buying and staking Ethereum.
EthereumEthereum Foundation withdrew 17,035 ETH (~$40M) from its Lido staking position on April 26. No reason was given, sparking market speculation.
EthereumThe Ether Machine and Dynamix scrapped their $1.6B SPAC merger citing unfavorable markets. ETH treasury holds 496,712 ETH. $50M termination fee to Dynamix.
EthereumBitmine now holds 3.98% of all Ethereum in circulation: 4.8M ETH, $7.1B staked via Mavan, $196M annualized staking revenue. NYSE listing starts April 9.
EthereumEthereum Foundation staked 22,000+ ETH worth $46.2M in its largest single batch. Part of a 70,000 ETH plan to generate yield instead of selling tokens.
EthereumPolymarket shows 57% probability that Ethereum will lose its #2 market cap position in 2026. ETF outflows, stablecoin growth and Solana pressure ETH.
EthereumLarge Ethereum investors accumulated 756,950 ETH in 48 hours while small holders sell en masse. On-chain data analysis and market outlook.
EthereumEthereum Foundation deployed 3,400 ETH into Morpho Vaults. The Foundation shifts from selling ETH to staking 70,000 ETH and a DeFi yield strategy.
EthereumEthereum surges 3.44% reclaiming 50-day EMA. BlackRock launches staked ETH ETF ETHB, DeFi TVL reaches $47.3B. Full metrics breakdown and outlook.