By Chayanika Deka Ethereum has declined by more than 2% over the past 24 hours, but still holds a small weekly gain. ETH is currently at $1,875, while many traders are waiting for a deeper flush to $1,475 before buying. But the latest analysis by trader Nonzee indicates that such a move may not come, as […]
Tag: ETH
By Shayan Markets Ethereum is consolidating around the $1.8K area after recovering from its June lows, but the broader structure remains under pressure. The daily chart shows ETH trading below important moving averages, while the 4-hour chart suggests that the recent recovery has entered a range. Meanwhile, the exchange supply ratio has continued to decline, […]
Key highlights: Bitmine bought ETH worth $14.2 million last week, its smallest weekly buy of the year Total holdings are now 4.8% of Ethereum’s total supply The company repurchased 3 million shares last week Bitmine Immersion (BMNR) bought 7,391 Ethereum last week, worth $14.2 million based on the token’s price of $1,915 at the time. The […]