$ETH is down about 2.1% today, trading near $1,879 — but the dip doesn't tell the full story. Bitmine, a major Ethereum accumulation firm, just added another 13,000 ETH this week, bringing its total holdings to 5.81M $ETH
(~$11B). That's serious institutional conviction during a red day.
On top of that, U.S. spot Ethereum ETFs pulled in $244.9M in weekly inflows, and network fees have dropped over 99%, making ETH cheaper and more usable than ever.
Key levels: today's low sits at $1,867.96, high at $1,930.84. A move back above $1,900 could shift momentum back in ETH's favor.
Red candle today, but the accumulation story tells a different one. 👀
DYOR before entering. #ETH #Ethereum
(~$11B). That's serious institutional conviction during a red day.
On top of that, U.S. spot Ethereum ETFs pulled in $244.9M in weekly inflows, and network fees have dropped over 99%, making ETH cheaper and more usable than ever.
Key levels: today's low sits at $1,867.96, high at $1,930.84. A move back above $1,900 could shift momentum back in ETH's favor.
Red candle today, but the accumulation story tells a different one. 👀
DYOR before entering. #ETH #Ethereum