By Emir Abyazov Key highlights: BitMine now holds over 4.24 million ETH and faces more than $6 billion in unrealized losses after the latest market decline. Ethereum’s drop toward $2,500 exposed liquidity “air pockets” driven by excessive leverage and rapid derivatives unwinding. Analysts say a sustained recovery will likely require stronger ETF inflows, improved liquidity, […]
Tag: ETH
By Jordan Lyanchev Bitcoin’s severe price volatility from Thursday and early Friday has disappeared over the past 12 hours or so, despite the partial US government shutdown and the untypical fluctuations in the precious metal market. Most altcoins continue to struggle, with ETH still deep in the red, while XMR and CC have defied the […]
By Afe Funbi Key highlights: ETH is still stuck in a wide range of $2,600 to $3,350, which indicates that we’re in a low-conviction zone. The short-term charts indicate selling pressure, but we also need to see how the daily structure resets. On-chain data remains steady, helping explain why ETH finds interest near major support […]