The world’s largest Ethereum treasury company shows no signs of fear or doubt as it continues to aggressively accumulate the asset.The world’s largest Ethereum treasury company shows no signs of fear or doubt as it continues to aggressively accumulate the asset.

BitMine Continues to Buy The Dip, Scooping 100M ETH in a Week

Retail traders may be panic-selling Ether today, but Tom Lee’s BitMine Immersion Technologies remains bullish.  The company reported on Monday that it had accumulated 102,259 ETH worth more than $300 million over the past week.

Lee Remains Bullish on Ether

“Crypto prices have stabilized in the past week, further evidence that crypto prices have begun to recover after the price shock of October 10th,” said Tom Lee. However, this was before the market crash yesterday.

BitMine currently holds 3.97 million ETH, or approximately 3.2% of the total supply, valued at around $11.6 billion. It also holds 193 BTC worth around $16.5 million and has $1 billion in cash.

Lee continued to state that the firm has made progress on its staking solution, known as The Made in America Validator Network (MAVAN).

Speaking on CNBC on Monday, he said that there have been concerns about the quantum threat and the huge deleveraging event in October, “but the crypto fundamental story is exiting on a really high note this year.”

Lee concluded that in crypto, “the best years are definitely ahead.”

Ether Price Loses Support

Lee’s comments came before Ether prices lost support and tanked below $3,000 in late trading on Monday. ETH briefly fell below $2,900 during early trading in Asia on Tuesday, its lowest level since the big leverage flush on December 2.

It is currently down 41% from its all-time high, and the downtrend appears to be continuing, despite the overwhelmingly bullish fundamentals for the network and asset.

The post BitMine Continues to Buy The Dip, Scooping 100M ETH in a Week appeared first on CryptoPotato.

Piyasa Fırsatı
Ethereum Logosu
Ethereum Fiyatı(ETH)
$2,936.47
$2,936.47$2,936.47
-0.92%
USD
Ethereum (ETH) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Solana Faces Massive DDoS Attack Without Performance Issues

Solana Faces Massive DDoS Attack Without Performance Issues

Solana successfully countered a major DDoS attack without affecting users. The network maintained transaction confirmation times around 450 milliseconds. Continue
Paylaş
Coinstats2025/12/17 13:08
A ‘Star Wars’ Actor Rewrites The Entire New Trilogy They Starred In

A ‘Star Wars’ Actor Rewrites The Entire New Trilogy They Starred In

The post A ‘Star Wars’ Actor Rewrites The Entire New Trilogy They Starred In appeared on BitcoinEthereumNews.com. It feels like we don’t hear all that much from actor John Boyega that much, outside of when he’s talking about Star Wars as of late. And in a recent Popverse interview, he went so far as to rework the entire trilogy, in terms of what he’d do differently, as he’s been vocal about what he believed went wrong with the original. Here’s what he said: “It would be mad. First of all, we’re not getting rid of Han Solo, Luke Skywalker, all these people. We’re not doing that. The first thing we’re going to do is fulfill their story, fulfill their legacy. We’re going to make a good moment of handing on the baton.” “Luke Skywalker wouldn’t be disappearing on a rock … Hell no. Standing there and he’s, like, a projector? I would want to give those characters way more way more” By the end of the trilogy, all three major Star Wars leads are dead. Han Solo killed by his son, Kylo Ren. Luke Skywalker fading into the ether after force projecting himself to face Kylo Ren. Leia had to be written off due to the tragic death of Carrie Fisher during the production of the trilogy. So Boyega would halt at least the first two deaths, as it did come off as strange that “passing the baton” was mainly killing all the big characters. He continues: “Our new characters will not be overpowered in these movies. They won’t just grab stuff and know what to do with it… No. You’ve got to struggle like every other character in this franchise.” This is likely a reference to both Rey and himself. Rey was frequently criticized as a “Mary Sue,” possessing immense power and skill in everything from flying to fighting to the force despite growing up as…
Paylaş
BitcoinEthereumNews2025/09/25 02:37
Discover Mono Protocol: The $2M-Backed Project Built to Simplify Development, Launch Faster, and Monetize Every Transaction

Discover Mono Protocol: The $2M-Backed Project Built to Simplify Development, Launch Faster, and Monetize Every Transaction

Developing in Web3 has often meant navigating fragmented systems, high transaction costs, and complex cross-chain infrastructure. Mono Protocol introduces a new approach that brings clarity and efficiency to this landscape. It focuses on three powerful outcomes: simplify development, launch faster, and monetize every transaction.  By unifying balances, streamlining execution, and integrating monetization at the core, […]
Paylaş
Cryptopolitan2025/09/18 21:28