SharpLink buys the ETH dip after 8-month pause

In addition, Tom Lee's Bitmine continues to stake ETH tokens.

Bitmine staked another 160,480 ETH worth $248.7M, pushing its total staked holdings to 4.88M ETH as Ethereum whale cohorts slip into loss. Tom Lee’s Bitmine has added another 160,480 ETH to its staking position, worth roughly $248.7 million.  On-chain analytics platform Lookonchain flagged the move, bringing Bitmine’s total staked ETH to 4.88 million coins. That […] The post Bitmine Stakes $249M More ETH as Ethereum Whales Turn Red appeared first on Live Bitcoin News.

Stablecoin supply has reportedly reached $315 billion, but Ether remains pressured by ETF outflows, volatility and delayed upgrade narratives.

Bitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.

Ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025.

BitMine staked 160,480 more ETH as BMNR prepares for Russell 1000 entry, lifting staked holdings to 4.88m ETH, Lookonchain says.

SharpLink resumes Ethereum buying with a $7.85 million purchase after 8 months, raising its ETH holdings to nearly 876,000 coins. SharpLink has resumed buying Ethereum after an 8-month pause. The company purchased 5,000 ETH, worth about $7.85 million, on Thursday. According to on-chain data shared by EmberCN, the transaction marks SharpLink’s first Ethereum purchase since […] The post SharpLink Reenters Ethereum Market After 8-Month Break appeared first on Live Bitcoin News.

In May, Sharplink CEO Joseph Chalom named three catalysts that could push up the price of Ether, some of which have begun to materialize.