Ethereum Fear Hits Extremes as Bitmine Nears 5% ETH Supply Target

TLDR: Bitmine acquired another 75,000 ETH, lifting known holdings to roughly 4.59% of supply. Santiment data shows Ethereum’s positive-to-negative sentiment ratio near yearly lows. ETH traded at $1,627.67 after falling 3.62% daily and nearly 12% over seven days. Kraken and FalconX reportedly facilitated Bitmine’s latest $123 million ETH purchases. Ethereum faced another week of selling [...]

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