$1.1 trillion wiped out of the stock market yesterday… Cryp | Daisy_adamZz on Binance Square

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$1.1 trillion wiped out of the stock market yesterday…
Crypto still held comparatively well…
Monday will be crucial

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BlackRock just bought $88.8M worth of $ETH And people are becoming bearish? NGMI.

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A47 didn't breakout as expected earlier in July, mostly due to the wide market drop we had. But now, it looks like it's ready to finally break out and make the next leg up.

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Quick $ETH Update ETH is showing a clean high-timeframe consolidation after an explosive bullish run. Right now, price action is in a neutral zone things could swing either way I’m staying on the sidelines for now and will only look to re-enter if we reclaim the monthly open. If we drop below $3.4K, I’ll start de-risking and prepare for potential further downside

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BitMine Immersion Technologies, chaired by Tom Lee, has rapidly amassed 833,137 ETH (worth over $2.9–$3.0 billion) in just 35 days since unveiling its Ethereum treasury strategy on June 30, 2025 This puts BitMine ahead of SharpLink Gaming and makes it the largest publicly traded Ethereum treasury, and the third-largest corporate crypto holder overall behind MicroStrategy and MARA Holdings Key institutional investors like Bill Miller III, ARK Invest, Cathie Wood, and Peter Thiel’s Founders Fund have backed BitMine’s aggressive push toward owning up to 5% of ETH’s supply $ETH

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SharpLink Gaming purchased 10,000 ETH directly from the Ethereum Foundation via an over‑the‑counter deal on July 10, 2025, paying $2,572.37 per ETH—a total of $25.7 million . The company, chaired by Ethereum co‑founder Joseph Lubin, plans to stake and restake its ETH holdings, positioning ETH as its primary treasury reserve asset and reducing circulating supply to support ecosystem health . This high‑conviction move by a publicly traded firm reflects growing institutional adoption and renews optimism around Ethereum’s long‑term potential $ETH

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