Ethereum (ETH) Price: ETH Moves Toward $3,400 as Bitmine Nears 5% of Supply

TLDR Ethereum rose from a July low near $1,510 to a late-September peak of about $2,777. Analyst Michael van de Poppe says a break higher could send ETH toward $3,400. Bitmine now holds 5,983,940 ETH, about 4.9% of Ethereum’s total supply. Bitmine has staked about 85% of its ETH and projects $357 million in yearly [...]

The post Ethereum (ETH) Price: ETH Moves Toward $3,400 as Bitmine Nears 5% of Supply appeared first on Blockonomi.