BitMine increased its ETH holdings by 45,759 last week, bringing the total holdings to 4,371,500 ETH.

ETH3,77%

BlockBeats News, February 17 — According to an official announcement, BitMine increased its ETH holdings by 45,759 ETH last week, bringing its total holdings to 4,371,500 ETH, which accounts for 3.62% of the total Ethereum supply (120.7 million ETH). Among them, BitMine has staked 3,040,483 ETH, which, at the then ETH price of $1,998 per ETH, is worth approximately $6.1 billion.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

On-chain address unrealized gains have increased to $11.5 million, making it the largest long position holder on the Hyperliquid platform for both ETH and BTC.

On March 13, on-chain monitoring showed that address 0xa5b0's floating gains expanded to $11.5 million as ETH rebounded to $2,100, with a position size reaching $199 million. This address is the largest long position holder on the Hyperliquid platform, primarily holding ETH long positions with 15x leverage and BTC long positions with 20x leverage.

GateNews27m ago

BlackRock Ethereum ETF Staking Version First Day Totaled $15.5 Million, Entry at 4% Annual Yield

BlackRock's iShares Staked Ethereum Trust (ETHB) was listed on Nasdaq, with a first-day trading volume of $15.5 million, showing steady performance. ETHB is expected to provide investors with an annualized yield of approximately 4% through staking Ethereum. Although its trading volume is lower than that of other Solana staking ETFs, analyst evaluations remain positive. ETHB's design includes 80% staked Ethereum and 20% non-staked Ethereum, and it is operated under the supervision of multiple institutional regulators. This represents a further expansion of BlackRock's cryptocurrency product line.

MarketWhisper35m ago

Ethereum to AAVE Epic Disaster: Whale's $50 Million Nearly Wiped Out

A trader recently exchanged approximately $50 million in assets on Ethereum for only 327 AAVE tokens, suffering a loss of over 99.9%. The transaction involved redeeming aEthUSDT and swapping through CoW Protocol, likely caused by insufficient liquidity or incorrect trading instructions that led to this disaster. Despite the staggering amount, the impact on the AAVE market is minimal, highlighting the risks in large DeFi transactions.

MarketWhisper47m ago

CryptoQuant Reveals Ethereum's "Adoption Paradox": Users Double While Funds Flee, ETH Could Plunge to $1500 by Year-End

Ethereum's activity reaches an all-time high, but price falls sharply due to fund outflows, with realized value turning negative. If the bear market continues, ETH is predicted to potentially drop to $1,500. Analysis indicates that network usage growth cannot support asset performance, and Layer 2 scaling poses pressure on ETH. The market shows significant divergence over Ethereum's future value.

動區BlockTempo48m ago

Bitcoin Strong Rebound to 72,033 USD, Short Positions Liquidated 178 Million, Gold Decline Reveals "Risk-Off Rotation"

Bitcoin surged to 72,033 USD this morning, then pulled back slightly to 71,682 USD, while Ethereum broke through 2,100 USD, reaching a high of 2,150 USD. The futures market saw 256 million USD in liquidations over 24 hours, with short positions being primarily closed. Risk-off capital is shifting from gold to crypto assets, indicating a reallocation of funds. Analysts point out that if Bitcoin can hold steady above 72,000 USD, it could rally further, while instability could lead to a retest of 68,500 USD.

動區BlockTempo59m ago

Suspected Trend Research wallet shorted 27,000 ETH by borrowing coins 4 hours ago

Gate News reported that on March 13, according to on-chain analyst Remnants monitoring, a wallet suspected to be Trend Research borrowed ETH through Aave and transferred it to a certain CEX. 4 hours ago, the borrowed coins were used to short 27,000 ETH (valued at $57.11 million).

GateNews1h ago
Comment
0/400
No comments