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Ethereum Cryptocurrency News

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At Close: Jun 12, 2026
Ethereum founder Vitalik Buterin has been selling ETH in the last few days as the second-largest crypto asset continues its fall.
BitMine Immersion Technologies (NYSE:BMNR) bought 51,162 Ethereum (CRYPTO: ETH) for $98 million while Vitalik Buterin sold 1,869 ETH. The Buying vs.
TL;DR: Bitmine acquired an additional 51,162 ETH for $98 million and now holds 4.42 million tokens, equivalent to 3.66% of the total supply. The company reports over $8 billion in unrealized losses bu
Vitalik Buterin sold 1,869 ETH in two days, taking February sales near 8,800 ETH, as a fractal setup signals further downside risk.
Bitmine Immersion Technologies says it now holds 4.423 million ethereum, pushing total crypto and cash reserves to $9.6 billion as it doubles down on its bid to control 5% of the ETH supply. BMNR Rank
Publicly traded Ethereum treasury firm BitMine Immersion Technologies added to its industry-leading stash last week as ETH slides.
Key Insights:
The industry's biggest cryptocurrency exchange, Binance, has announced its plans to conduct maintenance on the Ethereum network. As an early precaution, the exchange said it may record a temporary out
Tom Lee's BitMine stock has struggled to recover despite its deep connection to Ethereum. The BitMine stock price has traded mostly flat in recent days and remains sharply down, 30% over the past mont
Founder sales and historic sentiment lows raise concerns over Ethereum's near-term volatility.
The final week of February has brought another wave of declines, reinforcing expectations among short-term traders that altcoin prices could fall further. However, this outlook carries growing risks.
Bitmine increased holdings to 4.42 million ETH, controlling 3.66% of supply and generating $171 million staking revenue.
Recent Buterin-linked ETH sales arrive as ether extends a multi-month downtrend from last year's highs above $4,900.
The price of Ether (ETH) risks a deeper pullback, with the potential to breach the psychologically important $1,500 support level in the days ahead.
Tom Lee's BitMine disclosed today that it bought 51,162 ETH last week. The purchase, announced alongside updated treasury figures, came as Ether traded near $1,927 following recent volatility.
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