BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k?
The post BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k? appeared com. The post BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k? appeared first dip amid heightened fear of further capitulation. According to on-chain data analysis from Arkham, BitMine purchased $300 million worth of Ether since last week, amid the recent market correction. BitMine Leads in High Demand for Ethereum For as long as Ether price maintains above the support level of $3k, a potential reversal is likely in the coming days towards a new all-time high. The midterm bullish outlook is favored by the rising fear of crypto capitulation amid notable deleveraging of long traders. Furthermore, the crypto market often tends to move in the opposite direction to the crowd’s sentiment. Meanwhile, the Bitcoin OG whale, who has successfully traded in the recent past including the recent crypto crash, has longed BTC and Ether with $37 million and $18 million respectively. THE $10B HYPERUNIT WHALE JUST LONGED TC AND TH This address is owned by. Continue reading BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k?