Forums
Talk about anything you want!
Login to get your referral link.
breaking: bitmine drops $166 million on eth during market crash 📉🚀 ethereum struggles below $4,000 while institutions quietly load
bitmine’s $166 million ethereum buy during the market drop signals institutional confidence amidst retail concerns: potential bullish reversal if $4,000 support is regained
Ethereum (ETH) struggles below $4,000 post-crash, with uncertainty continuing. The recent sharp drop on October 10 disrupted the previous uptrend, leading to downside momentum. Analysts fear further correction if key demand levels aren’t defended soon. 📉
On the bright side, institutional data shows heavy ETH accumulation despite the price weakness, indicating a potential bullish reversal if $4,000 support is regained. Bitmine notably purchased $166 million worth of ETH, highlighting institutional confidence amidst retail concerns. 🚀
Bitmine Buys 44,036 Ethereum Worth $166 Million During Market Drop – Details
3
Voices
2
Replies