Tag: ETH

Ethereum recently rebounded modestly—only about 5%—following a sharp drop to $3,200, triggering liquidations of short positions entered near the bottom.

By Ethan Key Points:  A dense wall of short exposure looms above $3,600, with over $10 billion in liquidity stacked between $3,600 and $4,500, creating conditions ripe for a short squeeze. Institutional and whale activity has surged, with major players accumulating ETH between $3,000 and $3,400, including a high-profile 40,000 ETH leveraged long and a […]

Cathie Wood’s Ark Invest Buys $9M Worth of BMNR Stock

By Marco Piccolo Key highlights: Ark Invest acquired 240,507 shares of BitMine Immersion (BMNR), valued at approximately $9 million, across three ETFs. The move follows a broader strategic shift by Cathie Wood toward Ethereum-focused assets despite recent cuts to Bitcoin projections. BitMine remains the largest Ethereum treasury holder, with nearly 3.4 million ETH, and aims […]