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Ethereum Cryptocurrency News

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At Close: Jun 07, 2026
The Ethereum Foundation sold 5,000 ETH to BitMine to fund research, grants, and development.
Tom Lees Bitmine has acquired 5,000 Ethereum directly from the Ethereum Foundation through an over-the-counter transaction priced at $2,042.96 per ETH, totaling approximately $10.38 million. The Ether
The Ethereum Foundation has completed a $10.2 million over-the-counter sale of 5,000 ETH to Bitmine Immersion Technologies, one of the leading publicly traded crypto treasury firms. The transaction cl
Staking surges, ETF inflows stay strong - Are traders shorting Ethereum now at risk?
Aave Labs has put forward a governance proposal to deploy Aave V4 to Ethereum Mainnet, betting that a security-first rollout and a revamped modular architecture can restore confidence in the protocol.
The interest of institutional investors in cryptos continues to grow, but not all assets enjoy the same enthusiasm. As crypto ETFs multiply, the strategies of traditional finance giants offer valuable
On March 14, the Ethereum Foundation, the non-profit organization behind the blockchain network, revealed that it finalized the sale of 5,000 ETH to BitMiner through an over-the-counter transaction.
Ethereum derivatives markets show rising short pressure as Funding Rates turn negative and leverage builds across exchanges.
Tom Lee's Bitmine bought 5,000 ETH from the Ethereum Foundation through an OTC transaction. The deal priced each ETH at $2,042.96, bringing the total value to about $10.38 million today, according to
The Ethereum Foundation said Saturday that it sold 5,000 ETH for approximately $10.2 million to Tom Lee's BitMine Immersion Technologies.
The deal is the EF's second known OTC sale to a corporate buyer, following a 10,000 ETH sale to SharpLink Gaming in July 2025.
Over 240,000 ETH worth $480M has been accumulated since early March as institutional demand grows rapidly.
The funds will support the EF's core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.
Ethereum is still in recovery mode, but the rebound is starting to look more organized than before. The asset continues to hold above the February base and is pressing closer to a key breakout area, w
High-net-worth investors and major liquidity providers have been withdrawing large amounts of Ethereum from centralized exchanges over the past few days.
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