Ethereum price today: $2,310
- BitMine increased its holdings to 4.97 million ETH last week after acquiring 101,627 ETH, its largest weekly purchase since mid-December.
- BitMine Chairman Thomas Lee noted that the crypto winter is nearing its end, citing similarities with equity drawdowns in previous years.
- ETH has tested the 20-day EMA after declining below $2,400 over the weekend.
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) acquired 101,627 ETH last week, marking its largest weekly purchase since mid-December. That amount is also about 42% greater than its average weekly acquisition over the past month.
The latest purchase has pushed BitMine’s Ethereum stash to 4.97 million ETH, worth roughly $11.44 billion at the time…
