The post Ethereum Sits on Critical Support While ETF Sellers Have Not Let Up appeared first on Coindoo.

As of May 16, ETH is trading at approximately $2,171, down 2.3% on the day and roughly 6% over the past week. The price is currently sitting just above the 100-day simple moving average and near a well-established structural support zone in the $2,100 to $2,150 range. For context, the 50-day SMA is at $2,254 and the 200-day at $2,610 – both sitting well above current price, confirming that the medium-term trend remains under pressure.

The RSI on the daily chart has dropped to 38.35, a level that has historically preceded bounces when it aligns with strong technical support. However, an RSI reading approaching oversold does not itself constitute a signal – what matters is whether the price closes the day above the Fibonacci 0.382 retracement level. That confirmation would suggest the decline has exhausted itself and provide bulls with a reasonable argument for short-term recovery. Without that daily close, the setup remains unconfirmed.

ETF Outflows and Liquidation Data

The more concerning backdrop is what is happening in the ETF market. According to data from Farside Investors, on May 15 alone, Ethereum spot ETFs registered $65.7M in net outflows, the fifth consecutive session with negative flows. BlackRock’s ETHA led outflows at -$50.4M, with Fidelity’s FETH contributing an additional -$11.1M. Grayscale’s ETHE shed another -$4.2M. The cumulative picture for recent weeks is mixed – there were several days of inflows in early May, with May 1 seeing $101.2M in net positive flows, but those gains have since been unwound. Total ETF outflows since April 27 paint a picture of institutional hesitation, not conviction buying.

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Liquidation data adds another dimension to the current price action. Total ETH liquidations stand at $199.95M, with longs accounting for $193.97M of that figure against only $5.98M in short liquidations. This imbalance reflects a market that has been flushing out overleveraged long positions, which is typically associated with the later stages of a correction rather than its beginning – though that reading depends heavily on whether the spot market stabilizes.

On-Chain Signals Are Cautiously Neutral

On-chain, exchange reserves for ETH sit at 14.8753M coins, down 0.23% in the last 24 hours. A declining exchange reserve typically means coins are moving off exchanges, reducing the immediately available supply for sale.

The exchange netflow chart from CryptoQuant shows that recent netflows have been mildly negative, which is marginally constructive compared to the heavy inflow spikes seen during sharper price drops in 2025. Still, the broader context on that chart shows that each significant ETH price top over the past two years has been preceded by elevated inflow spikes – the current data does not yet suggest a major accumulation event underway.

The broader altcoin market context is not favorable either. The CMC Altcoin Season Index sits at 33 out of 100, firmly in Bitcoin Season territory. A week ago the index was at 42, and a month ago at 38 – the directional drift is downward. The index hit a yearly high of 78 in September 2025 and a yearly low of 14 in December 2025. The current reading signals that capital rotation into altcoins, including ETH, is not a dominant market theme right now.

What Needs to Happen Next

What Ethereum needs technically is straightforward: a close above the Fibonacci 0.382 level with a stabilization in ETF flows. The first would indicate that the support zone has done its job and that sellers are becoming exhausted at current prices. The second would confirm that institutional demand – which drove the ETH ETF launches and the price run toward $4,000 in late 2024 – is not in full retreat.

For now, the data sits on the fence. The technical setup is one that traders watch for potential entries, but the macro and institutional flow picture has not confirmed a turn. Five straight days of ETF outflows totaling hundreds of millions of dollars is not noise – it is a pattern, and one that the price is clearly reflecting.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Ethereum Sits on Critical Support While ETF Sellers Have Not Let Up appeared first on Coindoo.

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Source: https://coindoo.com/ethereum-is-one-candle-away-from-a-buy-signal/

The post Ethereum Exchange Balances Fall to All-Time Lows – What You Need to Know appeared first on Coindoo.

The numbers from Glassnode tell a clear story. ETH sitting on exchanges has fallen to 10.969% of total supply – an all-time low. Bitcoin is at 14.767%, its lowest reading since 2018. Taken together, these figures mark one of the most significant supply contractions across major crypto assets in recent memory. Holders, institutional and retail alike, are pulling coins off trading platforms at a pace that has no historical precedent for Ethereum.

According to data from Arkham Intelligence, on April 3, 2026, the Ethereum Foundation deposited 45,034 ETH – roughly $93 million – in a single transaction, completing its push toward a 70,000 ETH staking target. The Foundation now has approximately 69,500 ETH locked in validator operations, worth around $143 million. For years, the EF funded itself by periodically selling ETH. That model is now gone, and the switch to staking is not a minor accounting decision.

The Yield Math Doesn’t Add Up – And That’s the Point

The yield numbers are straightforward and they don’t make a strong financial case. At current staking rates of 2.7% to 3.8% APY, 70,000 ETH generates roughly $3.9 million to $5.4 million per year – call it $4.8 million at the midpoint with ETH around $2,100. The EF’s annual budget has historically run close to $100 million, covering protocol research, developer grants, and operations. Staking yield covers less than 5% of that. The EF is not staking because it solves a funding problem. It is staking because it changes what kind of institution the Foundation is – from a holder that sells to cover costs, to an operator that participates directly in the network’s consensus layer.

What the EF loses in flexibility, it gains in operational legitimacy. Solo-staking, as the Foundation has opted to do rather than delegating to a liquid staking protocol, means direct validator control with no third-party exposure. It keeps the Foundation embedded in the network’s core security mechanism rather than sitting as a detached financial entity that periodically liquidates holdings.

The Neutrality Problem

The downside of that position – and it is a real one – is that Ethereum co-founder Vitalik Buterin himself flagged it during earlier internal debates: when a validator is running, it is tied to a specific chain. In the event of a contentious hard fork, the EF’s validators don’t sit on the sidelines. They vote, implicitly, by their continued operation. For an organization that has gone to considerable lengths to position itself as a neutral steward of the protocol rather than a governing authority, that creates an unresolved tension that the 2026 roadmap has not yet addressed.

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A Supply Shock in Slow Motion

The timing of the EF’s deposit also needs to be read against the broader supply picture. When Glassnode data shows ETH exchange balances hitting an all-time low simultaneously with the Foundation locking up 70,000 ETH in validators, the combined effect is a structural reduction in liquid supply. BTC holders pulling coins off exchanges are largely moving toward cold storage, consistent with the digital gold framing that dominates Bitcoin’s narrative. ETH holders doing the same thing are, in a growing number of cases, moving toward staking – treating the asset more like a yield-generating bond than a speculative position. The divergence between BTC and ETH behavior on exchange outflows reflects a genuine bifurcation in how each asset is being held and why.

None of this would have been operationally practical before the Pectra upgrade and specifically EIP-7251, which raised the maximum effective balance per validator from 32 ETH to 2,048 ETH. Running 70,000 ETH under the old rules would have required over 2,000 individual validator nodes. Under the new parameters, the same stake can be managed with a fraction of that infrastructure. The EF’s timing was not accidental – it waited for the technical conditions that made solo-staking at this scale manageable before making the move.

Infrastructure, Not Speculation

The broader institutional context adds another layer. BitMine and other large staking entities now hold positions that dwarf the Foundation’s 70,000 ETH. Spot ETH ETFs from 21Shares and Grayscale introduced staking yield pass-throughs earlier in 2026, bringing institutional-grade capital into validator economics. The EF’s decision to run its own validators rather than route through any of those products sets a precedent – a signal that the most credible long-term holders of ETH are not interested in intermediaries taking a cut of their participation in consensus.

What the combination of record-low exchange balances and the Foundation’s staking completion ultimately reflects is a market that has been quietly repricing what Ethereum is. Assets held on exchanges are, by definition, available for immediate sale. Assets in validators are locked, earning yield, and representing a bet on the network’s continued operation over a multi-year horizon. The shift in where ETH is being held is a shift in how it is being thought about – not as something to trade around quarterly price targets, but as infrastructure with a carrying yield and a governance function. The EF completing its staking target at the exact moment exchange balances hit an all-time low is less a coincidence than a convergence.

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The post Vitalik Buterin Warns AI Is Killing Privacy – Ethereum’s New Roadmap Is Built Around It appeared first on Coindoo.

Buterin’s post opens with documented attack scenarios that should concern anyone using current AI agent tools, using a framework he refers to as “OpenClaw” as his example. In one test, researchers demonstrated that an agent browsing the web during a task could be redirected mid-session to download and execute an arbitrary shell script – a full system compromise triggered by nothing more than visiting a malicious page. In another, roughly 15% of third-party plugin extensions examined contained hidden malicious instructions, with some quietly making network requests to exfiltrate user data to external servers without any visible indication to the user that anything unusual was happening.

These aren’t exotic theoretical attacks. They reflect a fundamental architectural problem: most agent frameworks today are built for capability first, with security and privacy treated as someone else’s problem. Agents can rewrite their own system prompts, open new communication channels, and execute code – all with minimal oversight and very little transparency about what’s actually running underneath.

Where Ethereum Enters the Picture

This is where Buterin’s AI post and his broader vision for Ethereum converge in ways that haven’t gotten enough attention. He has described his worldview as “defensive acceleration” – the idea that decentralized technology needs to develop faster than centralized AI, not to slow AI down, but to ensure that its benefits don’t accrue exclusively to whoever controls the infrastructure.

Ethereum’s 2026 development priorities reflect this framing directly. The network has been repositioning itself – away from payments, toward what Buterin has called a “Private World Computer” – a decentralized platform where privacy is the default state, not an opt-in feature that requires users to understand cryptography.

The technical building blocks are already moving. Zero-knowledge proofs are being integrated directly into Ethereum to hide transaction details – sender, receiver, amount – while still proving mathematically that a transaction is valid, without trusting any third party to verify it. Stealth addresses, which generate a fresh one-time address for every transaction to prevent anyone from reconstructing your financial history from public chain data, are in active development. Buterin’s “walkaway test” for decentralized applications captures the underlying principle: a legitimate dApp should function even if its original developers disappear and their servers go dark, with no dependency on any company staying cooperative.

The through-line between the AI post and the Ethereum roadmap is the same argument made twice: trust in institutions is not a security model. Mathematics is.

On the practical side, Buterin tested three local inference setups against each other. A laptop with an NVIDIA RTX 5090 hit 90 tokens per second on a 35-billion-parameter model – fast enough to be genuinely usable, though the 24GB of VRAM puts a hard ceiling on model size. An AMD system with 128GB of unified memory cleared his 50 tokens-per-second usability threshold while accessing much larger models, though with rougher software support. NVIDIA’s DGX Spark, which carries significant marketing weight as a desktop AI supercomputer, came in slower than the consumer laptop GPU on the metric that matters most. His verdict: overpriced, over-complicated, not recommended.

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Where Local Models Still Can’t Compete

Buterin doesn’t oversell what local hardware can do. For routine tasks – transcription, summarization, translation, editing – even modest hardware handles the workload without sending anything to a remote server. But when he needed to implement a specific cryptographic function in a blockchain-native programming language, his local model simply couldn’t crack it after multiple attempts. He sent the problem to Claude, which returned a working solution immediately. The gap between local and frontier models on genuinely hard technical reasoning is still wide.

His proposed architecture for bridging that gap without sacrificing privacy combines several techniques: zero-knowledge API calls that prevent the server from linking consecutive requests to the same user, routing traffic through mixnets to prevent IP-level correlation, and running inference inside Trusted Execution Environments where hardware guarantees prevent the operator from reading your data – with cryptographic proof of what code is actually running. A simpler option requiring no exotic infrastructure is using a local model to scrub personal information from queries before forwarding them to a remote model.

The Actual Argument

Buterin’s post is making a claim that goes beyond AI tooling advice. If the infrastructure processing your communications, your financial transactions, and eventually your decisions is controlled by a handful of corporations, the question of who controls AI is the same question as who controls you. Ethereum’s pivot toward privacy-as-default — through zero-knowledge proofs, stealth addresses, and decentralized hosting — is the technical answer to that political problem. The goal is a world where you don’t need to trust that a provider will protect your data, because the mathematics of the system make betrayal impossible rather than merely inadvisable.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Source: https://coindoo.com/vitalik-buterin-warns-ai-is-killing-privacy-ethereums-new-roadmap-is-built-around-it/

The post Ethereum Foundation Stakes Record $46 Million in ETH – As Buterin’s Net Worth Tracks Every Move appeared first on Coindoo.

The Ethereum Foundation staked 22,517 ETH – worth approximately $46.2 million – in a single transaction on Monday, the largest staking deployment the organization has ever executed, according to on-chain data from Arkham Intelligence. The move is part of a formal treasury policy introduced in 2025 to actively generate returns from the foundation’s ETH holdings, and follows a pilot stake of just 2,016 ETH last month – making Monday’s transaction a tenfold escalation in scale.

Ethereum itself is trading at $2,052 as of Monday morning, suggesting the market has already begun pricing in the foundation’s move – though the technical stretch at current levels warrants attention before reading the momentum as open-ended.

In 2025, the Ethereum Foundation published a formal treasury policy committing to the active deployment of its ETH holdings to generate returns – a meaningful shift for an organization that had historically held its treasury largely in reserve.

The foundation began acting on that policy last month, staking an initial 2,016 ETH in what appeared to be a pilot deployment. Monday’s 22,517 ETH transaction – more than ten times that initial amount – suggests the foundation has moved from testing the approach to executing it at scale.

Buterin’s Position: $461 Million, 99% Concentrated

According to Arkham’s research, Buterin currently holds approximately 224,000 ETH, representing a net worth of roughly $461 million at current prices. More than 99% of his observable on-chain wealth is tied directly to ETH price movements – a concentration level that would be considered extreme by any conventional portfolio management standard, and one that makes Buterin’s personal financial position essentially a leveraged read on Ethereum’s market performance.

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At current prices, Buterin’s 224,000 ETH position moves approximately $2 million for every 1% change in ETH’s price. That is the financial reality of a founder who has retained a significant portion of the asset his work created, and who has chosen to fund his ongoing projects through selective liquidation rather than outside capital.

What the Chart Says

According to Data from Trading View Ethereum is trading at $2,052.46 as of Monday morning, up marginally on the session.

The daily RSI sits at 47.37, with the signal line at 49.65 – both readings hovering just below the neutral 50 midpoint. For retail investors: an RSI near 50 means the asset is neither oversold nor overbought on a daily basis. It is recovering from deeply oversold conditions – the daily RSI bottomed near 20 earlier in March, one of the most extreme readings in Ethereum’s recent history – but it has not yet reclaimed the kind of momentum that would signal a sustained trend reversal. Monday’s 3.50% gain is a meaningful single-day move. On the daily timeframe, it reads as an early recovery attempt, not a confirmed breakout.

The daily MACD tells a similarly cautious story. The MACD line sits at -15.59, the signal line at -17.67, and the histogram at -2.09. All three remain firmly negative – meaning the longer-term trend is still pointed downward, even as the histogram’s value of -2.09 suggests the gap between the lines is narrowing. In practical terms: the worst of the selling momentum may be passing, but the daily chart has not yet produced a bullish crossover, and until it does, the broader trend remains bearish on this timeframe.

The Broader Staking Landscape

The Ethereum Foundation’s record stake does not exist in isolation. The broader institutional staking ecosystem around Ethereum has been expanding rapidly, and Monday’s transaction adds the protocol’s own nonprofit to a growing list of large-scale staking participants.

Earlier this month, Bitmine Immersion Technologies launched MAVAN, a vehicle designed to monetize Ethereum holdings through staking. At launch, MAVAN carried more than 3.1 million ETH – valued at approximately $6.8 billion – already placing it among the largest staking entities globally. The firm holds approximately 4.66 million ETH in total, representing roughly 3.86% of Ethereum’s entire circulating supply. The emergence of dedicated institutional staking vehicles of that scale signals that ETH staking is no longer purely the domain of individual validators and protocol foundations – it is becoming an institutional yield category in its own right.

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That shift has meaningful implications for Ethereum’s market structure. As more ETH is locked into staking contracts – by the foundation, by vehicles like MAVAN, and by retail validators – the liquid supply available for trading decreases. Reduced liquid supply, in the presence of stable or growing demand, is a structural support for price over time. It does not guarantee upward movement, but it does change the supply-demand equation in ways that are increasingly hard to ignore.

What Monday’s Transaction Actually Signals

The Ethereum Foundation staking a record $46 million in ETH on the same day that on-chain data confirms Buterin’s holdings in the same asset – with more than 99% concentration – is not a coincidence of timing so much as a coherent picture of where the people closest to Ethereum have chosen to put their exposure.

The foundation is not selling. It is staking – converting a passive reserve into an active yield-generating position that simultaneously strengthens the network it exists to support. Buterin is not exiting. He is selectively liquidating to fund a stated development program while retaining the overwhelming majority of his position.

Neither of those actions reads as a loss of conviction in the asset. They read as the behavior of long-term holders optimizing around a position they intend to keep – which, in a market as sentiment-driven as crypto, is its own form of signal.

Whether the RSI at 70 produces a short-term pullback or the momentum simply continues is a question Monday’s session has not yet answered. The structural picture – record institutional staking, a foundation deploying its treasury at scale, and the asset’s co-founder retaining 99% concentration – points in one direction. Markets, as always, will decide the pace.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Source: https://coindoo.com/ethereum-foundation-stakes-record-46-million-in-eth-as-buterins-net-worth-tracks-every-move/

The post Bitmine Turns $6.8 Billion Ethereum Treasury Into Institutional Yield Engine appeared first on Coindoo.

MAVAN Positions Bitmine at Center of Staking Infrastructure

Bitmine Immersion Technologies has launched MAVAN – short for Made-in-America Validator Network – marking a strategic pivot from its origins as a Bitcoin miner toward becoming a major force in Ethereum infrastructure.

Introduced in March 2026, the platform is designed as institutional-grade staking infrastructure, targeting custodians, exchanges and large investors rather than retail users. Built on U.S.-based validator systems combined with a globally distributed architecture, MAVAN emphasizes compliance, scalability and operational resilience – positioning itself as a “Made in America” solution tailored for regulated institutional capital.

Unlike decentralized protocols such as Lido or retail-focused platforms like Coinbase, MAVAN is engineered specifically for large-scale treasury management. While Lido is open to retail users and relies on smart contracts, and Coinbase provides a simplified “one-click” staking experience, MAVAN is built for institutions, custodians and exchanges that require higher levels of regulatory oversight and operational control.

This distinction is central to its positioning. MAVAN’s “Made in America” compliance model – combining domestic validator infrastructure with global distribution – is designed to meet institutional standards that decentralized and retail-focused platforms often cannot address.

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At launch, MAVAN carried more than 3.1 million ETH – valued at approximately $6.8 billion – already placing it among the largest staking entities globally. That figure represents close to 4% of Ethereum’s total supply, underscoring the platform’s rapid rise in scale and its potential to rival centralized and decentralized incumbents alike.

In terms of market positioning, MAVAN is already approaching the scale of major centralized providers such as Coinbase, while trailing only large decentralized players like Lido, which holds more than 9.5 million ETH. Bitmine plans to migrate most of its remaining holdings onto the platform in the coming weeks, further consolidating its position.

Yield Strategy Drives New Revenue Model

Bitmine is positioning MAVAN as a long-term revenue engine directly tied to its Ethereum treasury, shifting its business model from passive asset holding to active yield generation.

Based on recent staking yields of around 2.83% – broadly in line with market benchmarks – the company estimates the platform could generate close to $300 million annually in rewards once fully deployed. Internal efficiencies tied to Bitmine’s infrastructure design are expected to support this projection while maintaining competitive performance.

This yield level is broadly aligned with the Composite Ethereum Staking Rate, typically ranging between 2.75% and 2.85%, but MAVAN’s institutional infrastructure allows it to scale returns more efficiently across large positions.

Unlike retail staking services that often charge significant fees on rewards, MAVAN is structured to optimize returns at scale, both for Bitmine’s balance sheet and for institutional partners using the platform. In contrast, some retail platforms take commissions of up to 25%–35% of rewards, while MAVAN is designed to maximize net returns and capital efficiency.

The approach reflects a growing trend where staking is integrated into treasury strategies, transforming digital assets into income-generating instruments rather than static reserves.

The broader implication is a shift in how capital is deployed in crypto markets – from accumulation to yield optimization – as institutional investors increasingly demand predictable cash flows alongside price exposure.

Bitmine Accelerates Ethereum Accumulation

Alongside the launch, Bitmine continues to expand its Ethereum position at an aggressive pace, reinforcing the scale behind its staking ambitions.

Blockchain data from Lookonchain shows the firm recently acquired 50,000 ETH – worth approximately $108 million- from FalconX. Over a two-day period, wallets linked to the company accumulated a total of 117,111 ETH, valued at about $253 million.

These purchases bring Bitmine’s total holdings to roughly 4.66 million ETH, representing about 3.86% of the global Ethereum supply. The company’s longer-term strategy – described as the “alchemy of 5%”- aims to control approximately 5% of total supply, a level that would likely position MAVAN as the single largest validator network globally.

The pace of accumulation highlights strong conviction in Ethereum’s role as a foundational asset for institutional finance, particularly as staking becomes embedded into capital allocation strategies.

Institutional Backing and Long-Term Vision

Bitmine’s expansion is supported by a group of prominent investors, including Cathie Wood, Founders Fund, Pantera Capital, Galaxy Digital, Digital Currency Group and Kraken.

The company is positioning MAVAN not only as a staking platform but as a broader infrastructure layer for institutional crypto participation. As a publicly listed entity, Bitmine also offers a level of transparency and regulatory accountability that differentiates it from decentralized protocols and private platforms, with SEC reporting and financial audits providing additional assurance for institutional clients.

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Chairman Tom Lee described MAVAN as a critical step toward building a global onchain infrastructure platform, with plans to expand beyond Ethereum into other proof-of-stake networks and advanced technologies such as onchain vaults and post-quantum systems. He said:

Because Bitmine is the largest owner of Ethereum in the world, shortly after launch, MAVAN will be the largest Ethereum staking platform in the world. We plan to expand across additional proof-of-stake networks and critical blockchain infrastructure over time, and through 2026, we’ll grow our efforts in areas such as on-chain vaults, post-quantum client development, and more.

Staking Becomes Institutional Standard

The launch of MAVAN comes amid a broader shift in Ethereum staking dynamics, where institutional participation is rapidly increasing.

Infrastructure is evolving to meet enterprise requirements, including compliance frameworks, customizable validator setups and scalable architecture. At the same time, staking is being integrated into investment products, treasury strategies and financial services, signaling its emergence as a core component of institutional crypto exposure.

This transition also reflects changing risk preferences. While decentralized platforms such as Lido or Rocket Pool introduce smart contract risk, and exchange-based staking like Coinbase depends on centralized custody, institutional-grade solutions like MAVAN emphasize legal clarity, audited operations and infrastructure control.

As a publicly listed company, Bitmine provides an additional layer of transparency through regulatory filings and financial audits – a structure that aligns more closely with institutional risk management requirements than the “code is law” model of decentralized finance.

Conclusion: Infrastructure Becomes the Endgame

Bitmine’s strategy underscores a broader turning point in the digital asset industry, where control over infrastructure is becoming as important as asset ownership itself.

As staking evolves into a foundational yield mechanism, firms are competing not just to accumulate assets, but to build the systems that manage, validate and monetize them at scale. MAVAN positions Bitmine at the center of this shift, combining large-scale holdings with institutional-grade infrastructure to capture both economic and strategic value.

In this new phase of the market, the winners may not be those who simply hold crypto – but those who own the rails that make it productive.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Bitmine Turns $6.8 Billion Ethereum Treasury Into Institutional Yield Engine appeared first on Coindoo.

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Source: https://coindoo.com/bitmine-turns-68-billion-ethereum-treasury-into-institutional-yield-engine/

The post Bitmine’s Latest ETH Purchase Lifts Holdings to $9.6 Billion, With 70% Nearly Staked appeared first on Coindoo.

Bitmine Builds One of the Largest ETH Treasuries

According the information from Prnewswire the company total holdings have surpassed 4.66 million ETH, valued at roughly $9.6 billion at current prices, alongside $1.1 billion in cash and additional crypto investments. That brings its total crypto and cash position to approximately $11 billion.

The company extended a multi-week trend of accelerated buying by purchasing 65,341 ETH, or about $138 million, in the last week alone. The pace is significantly higher than previous weekly averages, highlighting a purposeful approach to increase exposure in what executives refer to as the final phases of a market decline.

Bitmine does not view Ethereum as a speculative investment, in contrast to many other market players. Rather, the company is integrating ETH into a larger capital strategy that is centered on long-term value and yield generation, positioning it as a core treasury asset.

The Staking Strategy Increases Yield on Holdings

Staking, or committing Ethereum holdings to support network operations in exchange for rewards, is a key element of Bitmine’s strategy.

Over 3.14 million ETH, or roughly $6.5 billion in deployed capital, have already been staked by the company. This position is anticipated to produce about $272 million in yearly staking rewards at current yield levels.

As a result, Ethereum becomes an income-producing asset instead of a passive investment, bringing it closer to conventional financial instruments while preserving its exposure to price growth.

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By expanding staking operations and boosting returns across its expanding portfolio, Bitmine’s MAVAN staking solution, which is slated to launch in early 2026, is anticipated to further optimize this approach.

The company’s size also gives it a special place in the Ethereum ecosystem, as its staking volumes surpass those of the majority of other players worldwide.

Whale Selling Highlights Market Divergence

Parts of the market are going in the opposite direction even as Bitmine speeds up accumulation.

JUST IN: ETHEREUM OG DUMPS 15,002 ETH WORTH $30.9M

A long-term Ethereum holder recently offloaded a large position.

According to @lookonchain, the wallet (0xa2F6) sold 15,002 $ETH in a single move. The transaction is valued at roughly $30.97 million.

The wallet received… pic.twitter.com/s1rvQHR4va

— BSCN (@BSCNews) March 23, 2026

A long-term Ethereum user recently sold 15,002 ETH in a single transaction, worth about $30.9 million, according to blockchain data. The wallet, which is almost ten years old, was initially purchased for about $2.2 million and had amassed over 170,000 ETH.

These holdings would be worth over $350 million at current valuations, demonstrating the size of the gains accessible to early adopters.

Generally speaking, these transactions are seen as profit-taking rather than a change in the general mood of the market. They do, however, highlight a widening gap between institutional players creating long-term positions and early holders realizing gains.

For Bitmine, the objective extends beyond accumulation. The firm aims to increase its share of Ethereum supply while maximizing returns through staking and ecosystem participation.

A New Phase for ETH Supply and Market Structure

The rise of large corporate holders like Bitmine is reshaping Ethereum’s market structure.

As more supply becomes concentrated in institutional treasuries, the availability of tokens on the open market could tighten over time. This may contribute to reduced volatility in the long term, even as short-term price swings persist.

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Bitmine’s goal of owning 5% of the Ethereum supply demonstrates the extent of the transformation that is taking place. Reaching that benchmark would usher in a new stage in the development of cryptocurrency markets, one in which individual players and corporate balance sheets are crucial.

Considering the Future

The execution and state of the market will determine whether Bitmine’s plan is successful.

The company has substantial financial resources, solid institutional support, and a well-defined long-term thesis. Nonetheless, it works in a market characterized by quick innovation, unclear regulations, and escalating competition.

It is already evident that Ethereum’s ownership structure is changing.

The balance of power in the ecosystem is moving away from the foundations of cryptocurrency and toward a more structured and capital-intensive phase of growth as early adopters progressively reduce their exposure and institutions increase theirs.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Bitmine’s Latest ETH Purchase Lifts Holdings to $9.6 Billion, With 70% Nearly Staked appeared first on Coindoo.

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Source: https://coindoo.com/bitmines-latest-eth-purchase-lifts-holdings-to-9-6-billion-with-already-70-staked/

The post NYSE Removes Position Limits on Bitcoin and Ether ETF Options – What Actally Changed appeared first on Coindoo.

NYSE Arca and NYSE American have scrapped the 25,000-contract position and exercise limits that applied to options on 11 spot crypto ETFs – a cap that was only put in place in late 2024. The SEC granted an immediate waiver, meaning the change didn’t sit in a queue – it went live.

The funds affected include some of the biggest names in the space: BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund, and Grayscale’s Bitcoin and Ethereum Trusts, among others. Under the new framework, position limits are set by standard exchange rules – where large, sufficiently liquid ETFs can qualify for thresholds of 250,000 contracts or more. For context, that ceiling for IBIT alone would represent roughly 2.89% of its outstanding shares.

This isn’t just a NYSE story. Nasdaq removed the same 25,000-contract restriction across its platforms effective January 21. Cboe filed its own rule changes on February 24, covering 12 spot Bitcoin and Ether ETFs including products from Fidelity, Bitwise, and Ark 21Shares. MIAX followed suit in late January. At this point, nearly every regulated venue in the U.S. has lined up behind the same framework.

What Actually Changed

The 25,000-contract limit was always seen as a temporary measure – a way to keep a lid on volatility while regulators got comfortable with a new asset class. Its removal signals something more permanent: crypto ETFs are now treated like gold or oil trusts, not like speculative instruments that need extra supervision.

Beyond the raw numbers, the rule change opens the door to FLEX options. These are customizable contracts – institutional investors can set their own exercise prices and expiration dates, replicating the kind of flexibility that previously existed only in over-the-counter markets. NYSE Arca has also updated rules to permit cash-settled FLEX options for IBIT and similar products, which matters to institutions that have no interest in dealing with physical ETF share delivery at settlement.

The SEC’s broader shift here is worth noting. The agency has moved away from approving each new crypto-linked product on a case-by-case basis. Generic listing standards now apply, meaning exchanges like Nasdaq and Cboe BZX can run through a checklist-style review for new products rather than waiting on individual sign-off. Regulators are no longer treating these funds as a special category requiring unusual scrutiny.

The Numbers Behind the Move

When IBIT options first launched in November 2024, the market’s appetite was immediate – $1.9 billion in notional volume on day one, according to Kaiko research. More than 80% of that was call options, a clear sign of bullish sentiment. The volume was there from the start; the constraints were regulatory, not structural.

Galaxy Digital had previously forecast that spot Bitcoin ETFs would pull in $14.4 billion in their first year. The availability of more sophisticated hedging tools now in place makes that kind of institutional inflow more plausible, not less. Standard Chartered, for its part, has maintained a long-term bullish view on Ethereum, with price projections ranging from $10,000 to $40,000 – and has pointed to derivatives market development as a meaningful catalyst.

What It Means for the Market

The optimistic case is straightforward: more institutional participation means more competition between market makers, which typically compresses spreads. Deeper liquidity means retail orders are less likely to move the price against themselves. FLEX options give hedgers more precise tools, and when hedgers manage their own risk more efficiently, those savings tend to flow downstream.

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The implied volatility picture is more complicated. Historically, when position limits are lifted on liquid ETFs, pricing efficiency improves and volatility shocks tend to moderate over time. Institutions running yield-enhancement strategies – selling covered calls, for instance – add supply to the options market, which puts downward pressure on implied volatility and makes premiums cheaper for retail buyers. The flip side is that high short-dated demand from retail traders, especially around major market events, can still trigger localized IV spikes.

There’s also a structural concern worth flagging. Some analysts argue that removing position limits increases the amount of “paper” Bitcoin in circulation – derivatives exposure rather than direct ownership of the underlying asset. If institutions increasingly access Bitcoin through options rather than spot, that could have implications for price discovery and the spot market’s depth.

The Bigger Picture

What happened here isn’t just a rule change. It’s the final stage of a normalization process that started when spot Bitcoin ETFs were approved and has been moving steadily since. The infrastructure – the listing standards, the position frameworks, the settlement mechanics – now looks essentially identical to what exists for commodity ETFs. That wasn’t true a year ago.

Nasdaq and CME Group announced a joint crypto index in early 2026 covering Bitcoin, Ether, XRP, and Solana, intended to serve as the foundation for future multi-asset crypto ETF options. The derivatives market for digital assets is being built out deliberately, piece by piece, and the position limit removal is the clearest signal yet that regulators aren’t planning to reverse course.

Whether that’s good or bad depends on what you think about institutional involvement in crypto markets. The optimists see deeper liquidity and better pricing. The skeptics see leverage, paper supply, and the kind of short-term volatility that comes with large contract expirations. Both are probably right, at different moments.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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The post Ethereum at a Crossroads: Pattern Risk, Institutional Bets, and a Network Overhaul appeared first on Coindoo.

According to crypto analyst Merlijn The Trader, ETH has printed a “3-step bull trap” pattern twice in four months. The structure is straightforward: three successive rallies, each confirmed by Stochastic RSI peaks, followed by a rollover and a sharp sell-off. November played out textbook. Now, the same Stoch RSI configuration has emerged again in March, with price sitting just above $2,000 – the level the analyst identifies as the last line of defense.

At the time of writing, ETH trades at $2,141, down 1.15% in 24 hours. Market cap sits at $258 billion with $22.3 billion in 24-hour volume. Liquidation data from CoinGlass adds pressure to the picture: $81.56 million in total ETH liquidations, split between $51.5M in longs and $30.06M in shorts – a ratio that favors downside exposure if support cracks.

FIVE RSI BITCOIN SIGNALS. FIVE CORRECT CALLS. SIXTH FORMING NOW.

Bearish RSI divergence trendline on Bitcoin daily.
Every single touch preceded a price drop.

The question mark is right there on the chart.

Break the RSI trendline: bears finally lose.
Reject it: history prints… pic.twitter.com/w1RrIMaEoe

— Merlijn The Trader (@MerlijnTrader) March 20, 2026

The analyst’s framing is binary: hold $2K and the trap is invalidated, bulls reassert control. Lose it, and history repeats a third time.

Glamsterdam: Ethereum’s Most Ambitious Hard Fork Yet

While price action draws short-term attention, Ethereum’s development roadmap is pushing toward its most consequential upgrade in years. The Glamsterdam hard fork, tentatively scheduled for June 2026, targets the core architectural bottlenecks that have long constrained the network.

The headline feature is EIP-7928, which introduces block-level access lists enabling parallel transaction processing. In practice, this shifts Ethereum from sequential execution to a multi-lane model, with a target throughput of 10,000 transactions per second – a dramatic step up from current capacity.

EIP-7732 tackles a different problem: enshrined Proposer-Builder Separation moves block construction on-chain, eliminating dependence on third-party relay infrastructure like Flashbots. Developers estimate this cuts MEV extraction – profit taken through transaction reordering – by up to 70%, which matters for ordinary users who currently absorb those costs invisibly.

Gas fees are also in scope. EIP-7904 recalibrates costs against modern hardware benchmarks, projecting a 78.6% reduction across both simple transfers and complex smart contract interactions. Combined with a planned increase in the block gas limit from 60 million to 200 million, Glamsterdam represents a genuine scalability leap rather than an incremental patch.

BlackRock Enters Staking With ETHB

On the institutional side, BlackRock launched its iShares Staked Ethereum Trust (ETHB) on the Nasdaq on March 12. It’s the first ETF from a major asset manager to bake native staking rewards directly into the product’s return structure – a meaningful distinction from standard spot ETFs.

The fund stakes between 70% and 95% of its ETH holdings, passing approximately 82% of gross staking rewards – currently running at around 3.1% APY – to investors through monthly distributions. BlackRock charges a 0.25% sponsor fee, currently discounted to 0.12% for the first year or until the fund crosses $2.5 billion in assets.

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The market responded quickly. ETHB reached $254 million in AUM within its first week, including $146 million in fresh investor inflows alongside over $100 million in seed capital. Staking operations are managed through institutional validators including Coinbase Prime, Figment, Galaxy Digital, and Attestant. A liquidity sleeve of 5-30% unstaked ETH ensures shares remain redeemable despite on-chain withdrawal queues.

BitMine Keeps Buying

BitMine Immersion Technologies isn’t waiting on price clarity. The crypto investment firm completed its largest weekly ETH acquisition of the year, purchasing 60,999 ETH and pushing its total holdings to 4,595,562 tokens – roughly 3.81% of total supply.

More than 3 million of those tokens are currently staked, generating approximately $180 million in annualized revenue. BitMine’s accumulation strategy mirrors the playbook MicroStrategy applied to Bitcoin: treat the asset as a long-duration treasury position and build aggressively through volatility.

Whether that conviction proves correct depends largely on what happens at $2,000. The technical setup says caution. The institutional calendar says momentum. Ethereum is being pulled in both directions simultaneously.

To keep track of Bitmine’s ETH portfolio you can follow updates on the Arkham Intelligence platform.

What to Expect for Ethereum in 2026

The rest of 2026 sets up as a defining period for Ethereum – and the signals are pulling in opposite directions.

On the bearish side, the current technical structure doesn’t look very optimistic. ETH is sitting on thin support, the bull trap pattern has already played out once this cycle, and leveraged longs are overexposed. A clean break below $2,000 would likely trigger a cascade, with limited technical support until the $1,600-$1,700 range. Macro headwinds haven’t disappeared either – rate uncertainty and risk-off positioning in broader markets continue to weigh on crypto.

But the medium-term picture looks different. Glamsterdam, if it ships on schedule, addresses the two biggest complaints about Ethereum: it’s slow and it’s expensive. A network capable of 10,000 TPS with materially lower fees is a fundamentally different product than what exists today – one that becomes viable for use cases currently priced out or routed to competing chains.

Institutional infrastructure is also maturing fast. BlackRock’s ETHB isn’t just a financial product – it’s a signal that ETH is being treated as a yield-bearing asset class, not a speculative token. Combined with firms like BitMine converting corporate treasuries into staked ETH positions, the demand profile for 2026 looks structurally different from prior cycles.

You can deduce that in the short-term, especially considering the geopolitical tension and the rising oil prices, the crypto market as a whole could be hanging by a thread. In an environment where the general sentiment is risk-off, Bitcoin, Ethereum and most cryptocurrencies are performing relatively well. If you take into account that crypto is probably the most volatile sector, it may come as a surprise that we still haven’t witnessed a bigger correction.

Nevertheless the oil crisis may not be fully priced in yet. Investors and economists are projecting a 1-2 month blockage of the Hormuz Strait, but if the conflict broadens and the energy supply shock continues to ripple throughout the markets, we may see even higher oil prices and respectively – major outflows from risk assets, such as crypto.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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The post Ethereum Quietly Builds Steam as ETF Inflows Return and Bears Lose Their Grip appeared first on Coindoo.

But underneath the surface, something has been shifting – and the ETF flow data is the first hard evidence worth paying attention to.

Spot Ethereum ETFs have now recorded five straight days of net positive inflows – the first such streak since January. That’s not a headline that moves markets on its own, but context matters here. The last time ETF inflows sustained a similar pattern, ETH was trading around $2,500 before climbing past $4,000. Whether that comparison holds any weight this time around is debatable, but institutional money returning – even modestly – after months of net outflows is not something to dismiss outright.

The total ETF net inflow chart tells the fuller story: from mid-2024 through late 2025, inflows were volatile and largely dominated by sharp outflows during the extended price decline. The recent green cluster in early March 2026, while small relative to the peaks seen around April-July 2025, represents a visible shift in direction. ETH has simultaneously stabilized around the $2,200 – $2,300 range after briefly dipping toward $1,800 in early February – its lowest point in well over a year.

Market Structure: A Bear Channel Breaking Down

According to Markus Thielen from 10x Research, what’s happening with Ethereum is primarily a market structure story, not a fundamental one. In his analysis, Thielen identifies a well-defined descending channel that ETH has been trading within since September 2025 – with the upper boundary currently sitting just above current price levels near $2,200 – $2,300.

Thielen’s view is that the catalyst behind the current move is less about any sudden improvement in Ethereum’s fundamentals and more about options flows and gamma hedging dynamics. In plain terms: as ETH price moved higher, market makers who had sold call options were forced to buy spot ETH to hedge their exposure, mechanically amplifying the move upward. This kind of derivatives-driven price action is increasingly common in crypto markets that have matured enough to develop significant options open interest.

What this means practically is that the move carries a degree of fragility. It’s not built on a surge in developer activity or a new narrative around Ethereum’s use case – it’s built on positioning. That can unwind just as quickly as it builds.

That said, Thielen notes that Ethereum is increasingly behaving like a traditional financial asset, where market structure, derivatives positioning, and liquidity flows matter more than on-chain metrics or protocol upgrades in the short term. The asset is no longer just following crypto-native narratives – it’s trading on its own mechanics, somewhat decoupled from the standard risk-on/risk-off behavior seen in equities.

Technical Picture: Momentum Is There, Resistance Is Too

Looking at the daily chart, the technical setup reflects exactly the tension Thielen describes — a market at an inflection point, not a confirmed breakout.

Price is currently sitting at $2,308, above the 50-day SMA of $2,118, which has recently flipped from resistance to support — a constructive sign. However, the 100-day SMA at $2,594 looms significantly overhead and represents the first major test for any sustained recovery. ETH would need to close above that level convincingly before the technical picture shifts from “recovery attempt” to “trend reversal.”

The RSI at 62.85 is notable. It’s pushing into territory that preceded previous rallies but hasn’t yet reached overbought conditions – leaving room for continued upside without an immediate red flag. The signal line sits at 51.42, confirming that momentum has genuinely turned bullish on a daily timeframe.

The MACD reinforces this read. The MACD line (47.81) has crossed above the signal line (32.00) and both are rising, with the histogram turning increasingly positive over the past several sessions. The last time a similar MACD crossover occurred — around May 2025 – it preceded a multi-week rally. The histogram gap is still negative at -15.82, meaning the full bullish crossover hasn’t printed yet, but the trajectory is clear.

Volume has been modest but consistent, which is actually a healthier sign than a spike-and-fade pattern.

What to Expect

The setup for Ethereum in the near term hinges on two things: whether ETF inflows continue beyond this five-day streak, and whether price can hold above the 50-day SMA while making a credible attempt at the $2,594 level.

If inflows persist and options market dynamics continue to favor upward gamma exposure, a grind toward $2,600 – $2,800 over the coming weeks is plausible. That range coincides with the upper boundary of Thielen’s descending channel – a level that, if broken and held, would technically end the bear market structure that has defined ETH since late 2024.

The risk is equally clear. The move so far is derivatives-driven, not demand-driven. A single day of heavy ETF outflows, or a macro shock that pushes risk assets lower broadly, could reverse the positioning unwind and send ETH back toward $2,000 or below. The support shelf built between $1,837 and $2,000 would then become the line in the sand.

For now, the evidence points to a cautious but real shift in momentum. Ethereum isn’t out of the woods – but for the first time in months, it’s at least facing the exit.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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The post BitMine Builds $11.5 Billion Ethereum Position as Tom Lee Links Crypto Rally to Global Instability appeared first on Coindoo.

The move brings the company’s total Ethereum treasury to approximately 4.6 million ETH, making it one of the largest publicly traded holders of the cryptocurrency.

The latest purchase underscores a broader strategy championed by BitMine Chairman Tom Lee, who has increasingly framed digital asset accumulation as a macroeconomic hedge during periods of geopolitical and financial instability. Lee argues that cryptocurrencies – particularly Ethereum – are attracting institutional capital amid global economic uncertainty linked to geopolitical tensions and rising energy prices.

Ethereum Price Climbs Toward $2,330 as Institutional Buying Accelerates

Ethereum was trading near $2,329 during the latest session, according to market data, marking a modest daily gain as the cryptocurrency continues to recover from its sharp decline earlier this year.

The price action reflects a steady rebound from the lows seen in February, when Ethereum briefly dropped below $2,000 during a broader digital asset market correction. The recent rally has been supported by renewed institutional demand and increased staking activity across the Ethereum network.

Technical indicators show Ethereum regaining momentum. The Relative Strength Index (RSI) has climbed above the neutral level, signaling stronger buying pressure, while the MACD indicator has turned positive, suggesting bullish momentum may be building.

Largest Weekly Ethereum Purchase of the Year

The latest acquisition marks BitMine’s most aggressive Ethereum purchase so far this year and reinforces its position as a major institutional participant in the Ethereum ecosystem.

According to data reported by CoinDesk, BitMine now holds 4,595,562 ETH, representing roughly 3.81% of the total circulating Ethereum supply.

That level of concentration is rare among publicly traded companies. In terms of market share within a cryptocurrency’s supply, only the Bitcoin holdings accumulated by Strategy approach a comparable scale.

The position highlights the increasing role of corporate treasuries in shaping the supply dynamics of major cryptocurrencies.

Staking Generates Significant Yield

BitMine is not simply holding Ethereum as a passive treasury reserve.

Of its 4.6 million ETH holdings, approximately 3.04 million ETH is currently staked, representing about 66% of the company’s total position.

Through staking rewards, BitMine is estimated to generate around $180 million in annualized revenue.

That yield transforms the company’s Ethereum treasury into an active income-generating operation rather than a purely speculative position.

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By staking such a large share of its holdings, BitMine is effectively operating as a large-scale validator participant within the Ethereum network.

Direct Purchase From the Ethereum Foundation

One notable detail in the recent acquisition is the source of part of the purchase. Of the 60,999 ETH acquired, 5,000 ETH came directly from the Ethereum Foundation.

The transaction was conducted off-exchange, meaning the tokens were sold directly to BitMine rather than through public markets.

This type of structure offers advantages for both parties.

For the Ethereum Foundation, selling directly to a large institutional buyer allows it to raise funds for development activities without creating sudden selling pressure on exchanges.

For BitMine, the arrangement strengthens its relationship with the organization responsible for supporting Ethereum’s core protocol development.

The sale effectively channels capital from one of the largest Ethereum treasuries into the ecosystem’s primary development body.

A Macro Bet on Crypto

BitMine Chairman Tom Lee has framed the company’s aggressive accumulation strategy as part of a broader macro thesis.
Lee argues that geopolitical tensions—particularly those related to the conflict involving Iran—are contributing to rising oil prices and increasing uncertainty across global financial markets.

In that environment, he believes institutional investors are turning to assets that behave similarly to growth equities but exist outside the traditional financial system.

Cryptocurrencies, in Lee’s view, fit that profile.

According to his analysis, cryptocurrencies have outperformed the S&P 500 by roughly 2,450 basis points since the start of the conflict, with Ethereum leading the rebound among major digital assets.

Whether that outperformance proves sustainable remains uncertain, but the data point illustrates the narrative Lee is using to justify BitMine’s aggressive accumulation strategy.

“Mini Crypto Winter” Nearing Its End?

Lee has also suggested that the market may be emerging from what he describes as a “mini cryptocurrency winter.”
He compares the current environment to the aftermath of the FTX collapse in 2022, when crypto markets experienced a sharp downturn followed by a rapid recovery.

In Lee’s view, the present market cycle could follow a similar pattern, potentially resulting in a V-shaped recovery in digital asset prices.

Critics, however, note that such optimistic projections come from the chairman of a company that has just made its largest Ethereum purchase of the year.

While Lee’s analysis highlights potential market drivers, the company’s financial incentives also align with a bullish outlook for Ethereum.

Institutional Ethereum Treasuries Expand

BitMine’s growing Ethereum position reflects a broader trend of institutional involvement in the crypto sector.

While corporate treasuries historically focused on holding Bitcoin, ETH has increasingly attracted institutional interest due to its role as the foundation for decentralized finance, tokenization and blockchain-based applications.

The ability to generate staking yields further strengthens Ethereum’s appeal to institutions seeking both exposure to the asset and ongoing revenue streams.

Outlook

BitMine’s Ethereum strategy represents one of the most concentrated institutional bets on the network’s long-term growth.
With nearly 4.6 million ETH under management, the company now controls a significant portion of ETH’s circulating supply while generating yield through staking.

Whether that strategy proves successful will depend on Ethereum’s future adoption, the trajectory of global markets and the durability of the macro thesis driving institutional crypto investment.

For now, BitMine’s latest purchase signals that at least some institutional investors believe Ethereum remains a central asset in the evolving digital financial system.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Source: https://coindoo.com/bitmine-builds-11-5-billion-ethereum-position-as-tom-lee-links-crypto-rally-to-global-instability/