Markets· ★★★· neutral·

Ethereum Holds $2,700 as BitMine Adds 15,112 ETH; Analysts Eye $3,000

  • —BitMine bought 15,112 ETH for about $41 million, holdings now 6,016,414 ETH (4.9% of supply)
  • —Ethereum closed a week above $2,700 for the first time in nine months
  • —ETH open interest rose to $34.1 billion, options volume up 33.58%
  • —US spot ETH ETFs recorded $138 million in net outflows last week
Why it matters: A weekly close above $2,800 could open the door to $3,400–$3,500, though ETF outflows and thinning liquidity cap upside.
Source: CoinCentral