Binance Square
#bitmine

bitmine

788,422 vues
2,061 mentions
EyeOnChain
·
--
Haussier
They’re Not Slowing, They’re Locking Even More. just another massive move slipped in quietly. #Bitmine added 190,800 $ETH to staking about 11 hours ago, roughly $451M tucked away like it’s routine. At this point, it almost feels routine… which is kind of the wild part. Because zoom out for a second, They’ve now staked 4.55 million #ETH , worth around $10.77B. That’s nearly 88% of everything they hold. Not trading it, not keeping it liquid… just locking it in and letting it work. Quietly. Consistently. And at a scale that doesn’t really leave room for hesitation. {future}(ETHUSDT)
They’re Not Slowing, They’re Locking Even More. just another massive move slipped in quietly.
#Bitmine added 190,800 $ETH to staking about 11 hours ago, roughly $451M tucked away like it’s routine. At this point, it almost feels routine… which is kind of the wild part.
Because zoom out for a second, They’ve now staked 4.55 million #ETH , worth around $10.77B. That’s nearly 88% of everything they hold. Not trading it, not keeping it liquid… just locking it in and letting it work.
Quietly. Consistently. And at a scale that doesn’t really leave room for hesitation.
E Alex:
Solid call. Big moves like that don't go unnoticed. Happy to follow along with a researcher like you.
Bitmine now holds over $10 billion in staked ETH representing 4.3% of the entire circulating supply. That makes them the second-largest staking entity on the whole Ethereum network. Second. Largest. On all of Ethereum. Let that number breathe for a second. This isn't a trading position. This isn't leverage. This is locked, staked, validator-level control over one of the most critical blockchain networks on the planet. They're not betting on ETH they're becoming infrastructure. At 4.3%, Bitmine has meaningful influence over block validation, network security assumptions, and in extreme scenarios consensus dynamics. The Ethereum Foundation has historically flagged 33% concentration thresholds as a systemic risk. We're watching single entities inch toward that conversation in real time. This is the MicroStrategy playbook but for proof-of-stake. Instead of just buying and holding, they're staking. That means yield. That means compounding ETH accumulation over time. That means the gap between Bitmine and everyone else gets wider every single epoch. Institutional ETH accumulation isn't coming. It's already here. It already has a name. The question now is who's number one and how far behind are they? #Ethereum #ETH #Bitmine #Crypto #CryptoNews
Bitmine now holds over $10 billion in staked ETH representing 4.3% of the entire circulating supply. That makes them the second-largest staking entity on the whole Ethereum network.
Second. Largest. On all of Ethereum.
Let that number breathe for a second.
This isn't a trading position. This isn't leverage. This is locked, staked, validator-level control over one of the most critical blockchain networks on the planet. They're not betting on ETH they're becoming infrastructure.
At 4.3%, Bitmine has meaningful influence over block validation, network security assumptions, and in extreme scenarios consensus dynamics. The Ethereum Foundation has historically flagged 33% concentration thresholds as a systemic risk. We're watching single entities inch toward that conversation in real time.
This is the MicroStrategy playbook but for proof-of-stake.
Instead of just buying and holding, they're staking. That means yield. That means compounding ETH accumulation over time. That means the gap between Bitmine and everyone else gets wider every single epoch.
Institutional ETH accumulation isn't coming.
It's already here. It already has a name.
The question now is who's number one and how far behind are they?
#Ethereum #ETH #Bitmine #Crypto #CryptoNews
Web3 ledger:
tap to claim gift🎁
·
--
Haussier
{spot}(ETHUSDT) #Bitmine just acquired $240.42M of ETH, bringing their total holdings to $12.24 BILLION! They now possess 4.29% of the ETH supply and are on track to reach 5% by early July if they continue their current purchasing trend, needing to buy another $2.02B of ETH. 🚀💰 #crypto #Ethereum #Investment #blockchain
#Bitmine just acquired $240.42M of ETH, bringing their total holdings to $12.24 BILLION! They now possess 4.29% of the ETH supply and are on track to reach 5% by early July if they continue their current purchasing trend, needing to buy another $2.02B of ETH. 🚀💰 #crypto #Ethereum #Investment #blockchain
Daily Free Earn:
👉BP8GTWK78N👈 $10 USDT Red Packet Code Claim Fast 🤑
#Bitmine continues its market dominance, purchasing over 100,000 #Ethereum for the third consecutive week in a massive accumulation campaign. 🐋💰 This sustained, intensive weekly buying is strengthening the buying pressure and raising positive expectations for Ethereum's future. 🚀📈 $ETH {spot}(ETHUSDT)
#Bitmine continues its market dominance, purchasing over 100,000 #Ethereum for the third consecutive week in a massive accumulation campaign. 🐋💰 This sustained, intensive weekly buying is strengthening the buying pressure and raising positive expectations for Ethereum's future. 🚀📈

$ETH
🚨 ONE COMPANY JUST ATE 4.29% OF ALL ETHEREUM. 🚨 BitMine Immersion dropped $236M on 101,745 ETH — in a single week. Now holding 5.18 MILLION ETH. Let me translate that for you: 🧠 That's 1 in every 23 Ethereum in existence. 💰 Annual staking rewards: ~$297M. 🎯 Their goal? 5% of total supply. And here's the twisted part 👇 The Ethereum Foundation is selling directly to them. OTC. Repeatedly. So while normies panic over dips… Whales are quietly eating the float. Other fresh wallets just yanked: · 35,000 ETH from Binance · 18,000 ETH from Binance $TST $SKYAI $SPORTFUN Supply shock isn't coming. It's already here. You're either stacking — or getting left behind. 👀 Tick tock. #Ethereum #ETH #SupplyShock #CryptoWhales #BitMine
🚨 ONE COMPANY JUST ATE 4.29% OF ALL ETHEREUM. 🚨

BitMine Immersion dropped $236M on 101,745 ETH — in a single week.

Now holding 5.18 MILLION ETH.

Let me translate that for you:

🧠 That's 1 in every 23 Ethereum in existence.
💰 Annual staking rewards: ~$297M.
🎯 Their goal? 5% of total supply.

And here's the twisted part 👇

The Ethereum Foundation is selling directly to them. OTC. Repeatedly.

So while normies panic over dips…

Whales are quietly eating the float.

Other fresh wallets just yanked:

· 35,000 ETH from Binance
· 18,000 ETH from Binance
$TST $SKYAI $SPORTFUN
Supply shock isn't coming.

It's already here.

You're either stacking — or getting left behind.

👀 Tick tock.

#Ethereum #ETH #SupplyShock #CryptoWhales #BitMine
·
--
Haussier
Not Slowing Down: #Bitmine Keeps Loading… and Locking It Away. While some are trimming into strength, others are doing the exact opposite. Bitmine quietly added another 101,745 $ETH last week, about $238M—just stacking more on top of an already massive pile. No hype around it, no noise… just accumulation, again. And the scale now? It’s getting hard to ignore. They’re sitting on roughly 5.18 million #ETH , worth over $12B. That’s not positioning, that’s presence. The kind that doesn’t move fast, doesn’t react to every swing… just builds. But here’s where it gets even more telling. Out of that entire stash, about 4.36 million ETH, over 84% is already staked. Locked in. Working. Not liquid, not ready to be sold on a whim. That’s a commitment to the long game, whether it’s yield, network alignment… or both. So while parts of the market are rotating, trimming, second-guessing… This side? Still leaning in. Quietly. Consistently. And at a size that actually matters. {future}(ETHUSDT) {spot}(ETHUSDT)
Not Slowing Down: #Bitmine Keeps Loading… and Locking It Away.
While some are trimming into strength, others are doing the exact opposite.
Bitmine quietly added another 101,745 $ETH last week, about $238M—just stacking more on top of an already massive pile. No hype around it, no noise… just accumulation, again.
And the scale now? It’s getting hard to ignore. They’re sitting on roughly 5.18 million #ETH , worth over $12B. That’s not positioning, that’s presence. The kind that doesn’t move fast, doesn’t react to every swing… just builds.
But here’s where it gets even more telling.
Out of that entire stash, about 4.36 million ETH, over 84% is already staked. Locked in. Working. Not liquid, not ready to be sold on a whim. That’s a commitment to the long game, whether it’s yield, network alignment… or both. So while parts of the market are rotating, trimming, second-guessing… This side? Still leaning in.
Quietly. Consistently. And at a size that actually matters.
🌱 Tom Lee Declares: "Crypto Spring" is Here! 📈 The renowned analyst confirms the market has officially entered "Crypto Spring" — the real uptrend has begun as positive factors fully align 🌸 💰 Institutions Loading Up! • BitMine just bought an additional $238 Million worth of ETH. • Total holdings now reach a massive $1.5 Billion in Ethereum. • They are aggressively accumulating, showing strong confidence in ETH's future. ⚖️ Key Catalysts: • Awaiting clarity from the CLARITY Act for clear regulations. • Market environment is becoming more open and investment-friendly. The momentum is back! Is this the start of a long rally? 👀🚀 $ETH $ETC $ETHW #TomLee #CryptoSpring #Ethereum #BitMine
🌱 Tom Lee Declares: "Crypto Spring" is Here! 📈

The renowned analyst confirms the market has officially entered "Crypto Spring" — the real uptrend has begun as positive factors fully align 🌸

💰 Institutions Loading Up!
• BitMine just bought an additional $238 Million worth of ETH.
• Total holdings now reach a massive $1.5 Billion in Ethereum.
• They are aggressively accumulating, showing strong confidence in ETH's future.

⚖️ Key Catalysts:
• Awaiting clarity from the CLARITY Act for clear regulations.
• Market environment is becoming more open and investment-friendly.

The momentum is back! Is this the start of a long rally? 👀🚀
$ETH $ETC $ETHW
#TomLee #CryptoSpring #Ethereum #BitMine
Tom Lee just bet $237,000,000 on Ethereum. Not Bitcoin. Not a meme coin. Ethereum. Bitmine didn't allocate a position. They didn't diversify into ETH. They went in with $237 million the kind of number that doesn't get approved unless conviction is absolute. Tom Lee has called every major crypto cycle before retail believed it. He called Bitcoin at $2K. He called the 2020 bottom. And now he's quietly stacking ETH while everyone is still arguing about which L2 will survive. This is what institutional accumulation looks like before a leg up. No announcements. No hype campaigns. Just nine figures moving off exchanges and into cold storage while the crowd sleeps. $237M doesn't chase price. It sets price. The ETH ETF flows are building. Staking yields are compounding. And now one of Wall Street's most respected macro minds is loading the boat in size. The signal couldn't be louder. The only question is whether you saw it before the move or after. #Ethereum #ETH #TomLee #Bitmine #Crypto
Tom Lee just bet $237,000,000 on Ethereum.
Not Bitcoin. Not a meme coin. Ethereum.
Bitmine didn't allocate a position. They didn't diversify into ETH. They went in with $237 million the kind of number that doesn't get approved unless conviction is absolute.
Tom Lee has called every major crypto cycle before retail believed it.
He called Bitcoin at $2K. He called the 2020 bottom. And now he's quietly stacking ETH while everyone is still arguing about which L2 will survive.
This is what institutional accumulation looks like before a leg up.
No announcements. No hype campaigns. Just nine figures moving off exchanges and into cold storage while the crowd sleeps.
$237M doesn't chase price. It sets price.
The ETH ETF flows are building. Staking yields are compounding. And now one of Wall Street's most respected macro minds is loading the boat in size.
The signal couldn't be louder.
The only question is whether you saw it before the move or after.
#Ethereum #ETH #TomLee #Bitmine #Crypto
You know that friend who's always late to the party? But when they arrive — they make the biggest entrance? That's $ETH right now. BTC is up 14% in April. ETH is up 4%. Everyone's asking "what's wrong with Ethereum?" Nothing is wrong. ETH is just being ETH. It always does this. BTC leads. ETH waits. Then ETH goes harder. And here's what's happening while it "waits": 🔥 Bitmine treasury: 5.078 MILLION ETH — just confirmed today 🔥 Layer 2 solutions burning ETH supply every single second 🔥 67.6% of derivatives traders positioned LONG on ETH 🔥 $2,400 resistance — the one door between ETH and $2,800 🔥 Standard Chartered target: $7,500 🔥 Morgan Stanley ETF: filed and waiting ETH at $2,303 with Bitmine holding 5 million tokens and 67.6% of traders going long? The late friend is in the car. Engine running. Two blocks away. 📊 ETH today: — Price: $2,303 — Support: $2,200 — Key resistance: $2,400 — Break target: $2,800-$3,000 #Ethereum #Bitmine #CryptoPatience #BinanceSquare #EthereumFoundationSellsETHtoBitmineAgain
You know that friend who's always late to the party?
But when they arrive — they make the biggest entrance?

That's $ETH right now.

BTC is up 14% in April. ETH is up 4%. Everyone's asking "what's wrong with Ethereum?"

Nothing is wrong. ETH is just being ETH.

It always does this. BTC leads. ETH waits. Then ETH goes harder.

And here's what's happening while it "waits":

🔥 Bitmine treasury: 5.078 MILLION ETH — just confirmed today
🔥 Layer 2 solutions burning ETH supply every single second
🔥 67.6% of derivatives traders positioned LONG on ETH
🔥 $2,400 resistance — the one door between ETH and $2,800
🔥 Standard Chartered target: $7,500
🔥 Morgan Stanley ETF: filed and waiting

ETH at $2,303 with Bitmine holding 5 million tokens and 67.6% of traders going long?

The late friend is in the car. Engine running. Two blocks away.

📊 ETH today:
— Price: $2,303
— Support: $2,200
— Key resistance: $2,400
— Break target: $2,800-$3,000

#Ethereum #Bitmine #CryptoPatience #BinanceSquare #EthereumFoundationSellsETHtoBitmineAgain
#Bitmine continues its staking activity and has interacted with the Ethereum Foundation. Over the past 48 hours, #Bitmine staked a total of 223.4 $ETH (~$514M). This amount, when compared to their previous staking rounds, is not particularly significant. They are currently holding 4,111,805 ETH in staking. More notably, #Bitmine #Bitmine 10,000 ETH (~$23.01M) from the Ethereum Foundation.
#Bitmine continues its staking activity and has interacted with the Ethereum Foundation.

Over the past 48 hours, #Bitmine staked a total of 223.4 $ETH (~$514M). This amount, when compared to their previous staking rounds, is not particularly significant. They are currently holding 4,111,805 ETH in staking.

More notably, #Bitmine #Bitmine 10,000 ETH (~$23.01M) from the Ethereum Foundation.
🚨 $𝗘𝗧𝗛 𝗙𝗢𝗨𝗡𝗗𝗔𝗧𝗜𝗢𝗡 𝗝𝗨𝗦𝗧 𝗦𝗢𝗟𝗗 $33.5 𝗠𝗜𝗟𝗟𝗜𝗢𝗡 𝗢𝗙 𝗘𝗧𝗛 𝗧𝗢 𝗕𝗜𝗧𝗠𝗜𝗡𝗘 𝗜𝗡 60 𝗗𝗔𝗬𝗦 That's not a typo. They now have 92,548 $ETH left. If they keep selling at this speed? They will hit zero $ETH by 2027. --- 🤔 THINK ABOUT THIS: The team that built Ethereum is slowly handing its coins to one single company. That's not just a number. That's the real story. What happens when the foundation runs out? #ETH #Ethereum #Bitmine #WhaleMove #EthereumFoundationSellsETHtoBitmineAgain Follow Us :--- @Ovais-Khan $ETH {spot}(ETHUSDT)
🚨 $𝗘𝗧𝗛 𝗙𝗢𝗨𝗡𝗗𝗔𝗧𝗜𝗢𝗡 𝗝𝗨𝗦𝗧 𝗦𝗢𝗟𝗗 $33.5 𝗠𝗜𝗟𝗟𝗜𝗢𝗡 𝗢𝗙 𝗘𝗧𝗛 𝗧𝗢 𝗕𝗜𝗧𝗠𝗜𝗡𝗘 𝗜𝗡 60 𝗗𝗔𝗬𝗦

That's not a typo.

They now have 92,548 $ETH left.

If they keep selling at this speed? They will hit zero $ETH by 2027.

---

🤔 THINK ABOUT THIS:

The team that built Ethereum is slowly handing its coins to one single company.

That's not just a number. That's the real story.

What happens when the foundation runs out?

#ETH #Ethereum #Bitmine #WhaleMove

#EthereumFoundationSellsETHtoBitmineAgain

Follow Us :--- @Itop Traders

$ETH
🚨 Ethereum Foundation Finalizes 10,000 ETH Sale to BitMine The Ethereum Foundation has officially completed the sale of 10,000 $ETH to BitMine Immersion Technologies. This move is part of their strategic treasury management to ensure long-term funding for the ecosystem. The Details: 💰 Total Amount: 10,000 ETH 💵 Price: Avg. $2,292 per ETH (~$22.9 Million) 🤝 Method: Over-the-Counter (OTC) to prevent market volatility. Where is the money going? The proceeds will be used for core protocol R&D, ecosystem expansion, and community grants. Interestingly, BitMine continues to aggressively stack ETH, solidifying its position as one of the largest institutional holders. While the Foundation divests from operations, BitMine is doubling down. Is this the ultimate institutional vote of confidence? 📈 {spot}(ETHUSDT) #Ethereum #Ethereum #Bitmine #CryptoNews #EthereumFoundation #Web3
🚨 Ethereum Foundation Finalizes 10,000 ETH Sale to BitMine
The Ethereum Foundation has officially completed the sale of 10,000 $ETH to BitMine Immersion Technologies. This move is part of their strategic treasury management to ensure long-term funding for the ecosystem.

The Details:
💰 Total Amount: 10,000 ETH
💵 Price: Avg. $2,292 per ETH (~$22.9 Million)
🤝 Method: Over-the-Counter (OTC) to prevent market volatility.

Where is the money going?
The proceeds will be used for core protocol R&D, ecosystem expansion, and community grants. Interestingly, BitMine continues to aggressively stack ETH, solidifying its position as one of the largest institutional holders.

While the Foundation divests from operations, BitMine is doubling down. Is this the ultimate institutional vote of confidence? 📈
#Ethereum #Ethereum #Bitmine
#CryptoNews #EthereumFoundation #Web3
Wait....... wait........ wait........👀👀 Leave everything for a moment and focus here.💯🔥💯🔥💯🔥💸🔥 #Bitmine continues to ramp up $ETH staking Over the past 7 hours, the large entity #Bitmine has staked a total of 94,040 $ETH (~$218.3M). In just 2 days, this entity has accumulated and staked 170,720 $ETH (~$396.2M), bringing total staked holdings to 3,675,637 $ETH. #SPIDER_BNB
Wait....... wait........ wait........👀👀
Leave everything for a moment and focus here.💯🔥💯🔥💯🔥💸🔥

#Bitmine continues to ramp up $ETH staking
Over the past 7 hours, the large entity #Bitmine has staked a total of 94,040 $ETH (~$218.3M).
In just 2 days, this entity has accumulated and staked 170,720 $ETH (~$396.2M), bringing total staked holdings to 3,675,637 $ETH .
#SPIDER_BNB
·
--
Article
The Ethereum Foundation Sold 10,000 ETH to Pay Its Bills. Tom Lee Is Staking $9.5 Billion Worth.Three Ethereum stories dropped this week that together paint a picture of an ecosystem evolving in unexpected directions at once.Ethereum Foundation sells 10,000 ETH via OTC.The Ethereum Foundation finalized the terms of a 10,000 ETH sale at an average price of $2,292.15 via OTC, with the OTC counterpart being BitMine. The EF has now sold 18,294 ETH year-to-date in 2026 to fund core operations and R&D. That transparency — publishing the exact price, exact amount, and counterparty — is meaningfully different from how many foundations operate. The funds go toward protocol development, ecosystem grants, and maintaining the Ethereum Foundation's team. Business InsiderThe sale did cause minor controversy because it came during a period when ETH was already underperforming BTC. Some community members questioned the timing. But the reality is that the EF needs operating capital, OTC sales minimize market impact compared to open market selling, and $22.9 million is a relatively small amount for an organization with as much responsibility as the EF carries.Tom Lee's BitMine: 4.19 million ETH staked, worth $9.48 billion.BitMine staked an additional 162,088 ETH worth $366 million, bringing total staked ETH to 4.19 million worth $9.48 billion — representing 82.59% of its holdings. Tom Lee is not the BitMine CEO typically associated with the company — but the investment thesis is clear and aggressive: stake as much ETH as possible to capture staking yields, using ETH's own native return to compound the position. At 82.59% of holdings staked, this is about as concentrated an ETH bet as any institutional entity has made. Business InsiderStaking yield on Ethereum currently runs around 3.2–3.8% annually. On $9.48 billion in staked ETH, that's roughly $300–$360 million per year in staking rewards — before any price appreciation. This is the ETH equivalent of what Strategy is doing with BTC: accumulate aggressively, use the asset's own mechanics to compound the position.BAYC turns 5 — ApeCoin surges 91%.April 30 marked the fifth anniversary of the Bored Ape Yacht Club launch. ApeCoin surges 91% on BAYC's 5th anniversary with a $1M whale bet explained. A single whale opened a $1 million APE position, combined with anniversary narrative momentum to produce one of the largest single-day moves in the APE token's history. CoinDeskIs this sustainable? Almost certainly not — anniversary-driven token moves are among the most textbook "buy the rumor, sell the news" setups in crypto. But the timing reveals something: NFT and NFT-adjacent assets are finding buyers again after years of being ignored. Whether that's early accumulation before a genuine NFT recovery or dead-cat bouncing on thin volume is still unclear.What's clear: Ethereum's ecosystem is moving in multiple directions simultaneously — institutional staking at scale, protocol development through OTC-funded foundations, and speculative NFT narrative revival. The ETH price is still below $2,400. But the activity underneath it is building. #Ethereum #ETH #BAYC #ApeCoin #BitMine

The Ethereum Foundation Sold 10,000 ETH to Pay Its Bills. Tom Lee Is Staking $9.5 Billion Worth.

Three Ethereum stories dropped this week that together paint a picture of an ecosystem evolving in unexpected directions at once.Ethereum Foundation sells 10,000 ETH via OTC.The Ethereum Foundation finalized the terms of a 10,000 ETH sale at an average price of $2,292.15 via OTC, with the OTC counterpart being BitMine.

The EF has now sold 18,294 ETH year-to-date in 2026 to fund core operations and R&D. That transparency — publishing the exact price, exact amount, and counterparty — is meaningfully different from how many foundations operate. The funds go toward protocol development, ecosystem grants, and maintaining the Ethereum Foundation's team. Business InsiderThe sale did cause minor controversy because it came during a period when ETH was already underperforming BTC. Some community members questioned the timing. But the reality is that the EF needs operating capital, OTC sales minimize market impact compared to open market selling, and $22.9 million is a relatively small amount for an organization with as much responsibility as the EF carries.Tom Lee's BitMine: 4.19 million ETH staked, worth $9.48 billion.BitMine staked an additional 162,088 ETH worth $366 million, bringing total staked ETH to 4.19 million worth $9.48 billion — representing 82.59% of its holdings.

Tom Lee is not the BitMine CEO typically associated with the company — but the investment thesis is clear and aggressive: stake as much ETH as possible to capture staking yields, using ETH's own native return to compound the position. At 82.59% of holdings staked, this is about as concentrated an ETH bet as any institutional entity has made. Business InsiderStaking yield on Ethereum currently runs around 3.2–3.8% annually. On $9.48 billion in staked ETH, that's roughly $300–$360 million per year in staking rewards — before any price appreciation. This is the ETH equivalent of what Strategy is doing with BTC: accumulate aggressively, use the asset's own mechanics to compound the position.BAYC turns 5 — ApeCoin surges 91%.April 30 marked the fifth anniversary of the Bored Ape Yacht Club launch. ApeCoin surges 91% on BAYC's 5th anniversary with a $1M whale bet explained. A single whale opened a $1 million APE position, combined with anniversary narrative momentum to produce one of the largest single-day moves in the APE token's history. CoinDeskIs this sustainable? Almost certainly not — anniversary-driven token moves are among the most textbook "buy the rumor, sell the news" setups in crypto. But the timing reveals something: NFT and NFT-adjacent assets are finding buyers again after years of being ignored. Whether that's early accumulation before a genuine NFT recovery or dead-cat bouncing on thin volume is still unclear.What's clear: Ethereum's ecosystem is moving in multiple directions simultaneously — institutional staking at scale, protocol development through OTC-funded foundations, and speculative NFT narrative revival. The ETH price is still below $2,400. But the activity underneath it is building.
#Ethereum #ETH #BAYC #ApeCoin #BitMine
#EthereumFoundationSellsETHtoBitmineAgain Ethereum Foundation Unloads Another 10,000 ETH to BitMine The **Ethereum Foundation (EF)** has executed its second consecutive weekly sale of **10,000 ETH** to institutional giant **BitMine Immersion Technologies**. Finalized on Friday, May 1, 2026, the Over-the-Counter (OTC) transaction was valued at approximately **$22.9 million**. ### Key Details of the Transaction: * **Amount Sold:** 10,000 ETH * **Average Price:** $2,292.15 per ETH * **Counterparty:** BitMine (@BitMNR) * **Total Proceeds:** ~$22.92 Million * **Purpose:** Funding core operations, protocol R&D, and ecosystem grants. ### ETH Price Action & Chart Analysis Despite the "foundation sell-off" narrative that often sparks short-term FUD, Ethereum has shown resilience. By utilizing **OTC deals**, the EF avoids direct selling pressure on public exchanges, which has helped ETH maintain its footing above the $2,300 level. | Metric | Value (May 3, 2026) | |---|---| | **Current Price** | ~$2,317 | | **24h Change** | +0.29% | | **Support Level** | $2,250 | | **Resistance Level** | $2,380 | **The Chart Outlook:** * **Consolidation:** ETH is currently trading in a tight range between $2,280 and $2,350. * **Institutional Absorption:** BitMine now holds over **5 million ETH** (roughly 4.2% of the total supply). Their aggressive accumulation—reminiscent of MicroStrategy's Bitcoin strategy—suggests a strong long-term institutional "floor" for the price. * **Bull Flag Potential:** Analysts are watching the ETH/BTC ratio, which is hovering around **3%**. A breakout here could signal the start of a broader altcoin rally. > **Quick Take:** While the Ethereum Foundation continues its routine treasury management, the market seems to be absorbing these sales with ease. All eyes remain on BitMine as they march toward their goal of owning 5% of the total ETH supply. > #Ethereum #ETH #BitMine #EthereumFoundation
#EthereumFoundationSellsETHtoBitmineAgain Ethereum Foundation Unloads Another 10,000 ETH to BitMine
The **Ethereum Foundation (EF)** has executed its second consecutive weekly sale of **10,000 ETH** to institutional giant **BitMine Immersion Technologies**. Finalized on Friday, May 1, 2026, the Over-the-Counter (OTC) transaction was valued at approximately **$22.9 million**.
### Key Details of the Transaction:
* **Amount Sold:** 10,000 ETH
* **Average Price:** $2,292.15 per ETH
* **Counterparty:** BitMine (@BitMNR)
* **Total Proceeds:** ~$22.92 Million
* **Purpose:** Funding core operations, protocol R&D, and ecosystem grants.
### ETH Price Action & Chart Analysis
Despite the "foundation sell-off" narrative that often sparks short-term FUD, Ethereum has shown resilience. By utilizing **OTC deals**, the EF avoids direct selling pressure on public exchanges, which has helped ETH maintain its footing above the $2,300 level.
| Metric | Value (May 3, 2026) |
|---|---|
| **Current Price** | ~$2,317 |
| **24h Change** | +0.29% |
| **Support Level** | $2,250 |
| **Resistance Level** | $2,380 |
**The Chart Outlook:**
* **Consolidation:** ETH is currently trading in a tight range between $2,280 and $2,350.
* **Institutional Absorption:** BitMine now holds over **5 million ETH** (roughly 4.2% of the total supply). Their aggressive accumulation—reminiscent of MicroStrategy's Bitcoin strategy—suggests a strong long-term institutional "floor" for the price.
* **Bull Flag Potential:** Analysts are watching the ETH/BTC ratio, which is hovering around **3%**. A breakout here could signal the start of a broader altcoin rally.
> **Quick Take:** While the Ethereum Foundation continues its routine treasury management, the market seems to be absorbing these sales with ease. All eyes remain on BitMine as they march toward their goal of owning 5% of the total ETH supply.
>
#Ethereum #ETH #BitMine #EthereumFoundation
·
--
Baissier
🚨 DEBUNKED: Is the Ethereum Foundation going BROKE by 2027? You’ve seen the viral screenshot: "EF sold $33.5M in 60 days. They will hit ZERO." 🛑 Stop panic selling. Here is the real data the bears aren't showing you. The Trade: Yes, EF sold 10,000 ETH ($22.9M) yesterday.The Buyer: They didn't dump on Binance. They sold OTC (Over-The-Counter) to BitMine (Tom Lee’s firm). The Context: BitMine now holds 5 MILLION ETH (~4% of supply). They are accumulating strategic reserves, not dumping. The Reality: EF sells to fund dev for the next 100 years. BitMine buys to hold for the next 10.Smart Money is moving assets from "Non-Profit Treasuries" to "Institutional Vaults." This is bullish distribution, not a rug pull. Follow for on-chain facts, not fear! #ETH #Vitalik #OnChainAnalysis #Bitmine #EthereumFoundationSellsETHtoBitmineAgain $ETH {spot}(ETHUSDT)
🚨 DEBUNKED: Is the Ethereum Foundation going BROKE by 2027?
You’ve seen the viral screenshot: "EF sold $33.5M in 60 days. They will hit ZERO."
🛑 Stop panic selling. Here is the real data the bears aren't showing you.

The Trade: Yes, EF sold 10,000 ETH ($22.9M) yesterday.The Buyer: They didn't dump on Binance.
They sold OTC (Over-The-Counter) to BitMine (Tom Lee’s firm).
The Context: BitMine now holds 5 MILLION ETH (~4% of supply). They are accumulating strategic reserves, not dumping.

The Reality: EF sells to fund dev for the next 100 years.
BitMine buys to hold for the next 10.Smart Money is moving assets from "Non-Profit Treasuries" to "Institutional Vaults."
This is bullish distribution, not a rug pull.

Follow for on-chain facts, not fear!

#ETH #Vitalik #OnChainAnalysis #Bitmine #EthereumFoundationSellsETHtoBitmineAgain $ETH
·
--
Haussier
Ethereum Foundation has reportedly sold $33.5M worth of $ETH to BitMine in just 60 days, with 92,548 ETH still left. At this pace, they could run out by 2027. The bigger story? The team that built Ethereum is quietly transferring its holdings to one company. {spot}(ETHUSDT) #Ethereum #ETH #Bitmine #crypto
Ethereum Foundation has reportedly sold $33.5M worth of $ETH to BitMine in just 60 days, with 92,548 ETH still left.

At this pace, they could run out by 2027.

The bigger story? The team that built Ethereum is quietly transferring its holdings to one company.


#Ethereum #ETH #Bitmine #crypto
Daily Free Earn:
👉BP8GTWK78N👈 $10 USDT Red Packet Code Claim Fast 🤑
Connectez-vous pour découvrir d’autres contenus
Rejoignez la communauté mondiale des adeptes de cryptomonnaies sur Binance Square
⚡️ Suviez les dernières informations importantes sur les cryptomonnaies.
💬 Jugé digne de confiance par la plus grande plateforme d’échange de cryptomonnaies au monde.
👍 Découvrez les connaissances que partagent les créateurs vérifiés.
Adresse e-mail/Nº de téléphone