Ethereum Rises to $2,752 as BitMine Adds Another 27,562 ETH
- —ETH rose 4.8% to $2,752 as the broader market gained 5.23% to $2.91 trillion
- —BitMine holds 5,983,940 ETH, roughly 4.9% of total supply
- —Ether derivatives volume climbed 78.93% to $74.55 billion
- —$224.7 million in ETH positions were liquidated, including $191 million in shorts
Why it matters: BitMine's continued accumulation and rising derivatives activity support ETH near $2,800, though an RSI of 76.58 signals overbought conditions.
Source: CoinCentral