bitmine

BREAKING: The Ethereum Foundation just sold 5,000 ETH worth $10.2M via OTC to @BitMNR at $2,042.96 per ETH

The Buyer?
#BitMine , led by Tom Lee, the LARGEST publicly traded $ETH treasury company holding 4.5M+ ETH worth $9.3B.

🏦 ETHEREUM FOUNDATION JUST SOLD 5,000 ETH ($10.2M) – To WHO?

The Ethereum Foundation sold 5,000 ETH at $2,042 each in an OTC deal .

The buyer: BitMine (Ethereum's largest corporate treasury) .

Why this matters:

➤ Not a market sell – OTC means no price impact
➤ Funds go to protocol dev, research, grants

ETH price now: $2,117 (+1.99%) .

👇 Smart treasury move or bad timing?

#ETH #BitMine

Big News for $ETH : Ethereum Foundation Completes $10.38M OTC Sale🤯.
The Ethereum Foundation has finalized an over-the-counter transaction involving 5,000 ETH, worth approximately $10.38 million, at an average price of $2,042.96. The buyer in this deal was Bitmine, and the sale took place via OTC, meaning it was executed privately rather than through the open market.

Shortly after the transaction, the #Ethereum Foundation publicly confirmed the details in a post. According to the announcement, the OTC counterparty for the sale was #Bitmine , and the funds from this transaction will be used to support the foundation’s core operations and activities, including protocol research and development, ecosystem growth, and community grant funding.

The Foundation also noted that the on-chain transaction will originate from the EF Safe multisig wallet, specifically:
0x9fC3dc011b461664c835F2527ffbb1169b3C213e.

Additionally, the organization stated that the sale is part of its ongoing treasury management strategy, which aligns with its previously published treasury policies. By using OTC deals instead of exchange sales, the Foundation can raise funds without creating immediate selling pressure on the market.

CONCLUSION FROM OUR SIDE: Overall, the move highlights how the Ethereum Foundation manages its treasury while continuing to fund development and ecosystem initiatives for #ETH .

Despite the wave of bearish news lately, from large holders selling to #ETH treasury companies reducing exposure, there are still some notable counter signals.

Tom Lee’s #Bitmine continues to add to its ETH position.

At the same time, Erik Voorhees has started accumulating again.

Voorhees is an early Bitcoin advocate, the founder of ShapeShift, and the creator of Venice, a Web3 AI chatbot that recently gained attention after becoming a recommended model provider for Openclaw.

One year ago, he sold 12,886 $ETH ($42.83M) at an average price of $3,324.

Over the past five days, he has spent $17.75M USDT to repurchase 8,576 $ETH at roughly $2,069

Interesting timing

Looking ahead 1–2 years, which assets are you accumulating more: $BTC , $ETH , or $SOL?

#ETHETFsApproved #BTC $BTC

Ethereum sells 5,000 ETH to BitMine for $10.2M

The #EthereumFoundation said it sold 5,000 $ETH to #BitMine Immersion Technologies, a firm linked to investor Tom Lee, for about $10.2M. The sale was completed at an average price of $2,042.96 per coin.

The foundation said the transaction is part of its treasury management and will support operations including research, ecosystem development, and grants related to #Ethereum .

#Ethereum treasury firms are starting to look a lot like the ones we saw on #solana , not that long ago.

Aside from #Bitmine , there is barely any real demand from corporate buyers for $ETH . In fact, several of these firms have already begun reducing their holdings.

That is usually not a good signal.

In my view, the DAT narrative is already starting to unwind, and the market may need to go through a much deeper correction before things stabilize.

#ETH #altcoins $ETH $BTC $NEAR

💥 BREAKING: Ethereum Foundation Sells $10.38M in ETH 🚀

The Ethereum Foundation has reportedly sold 5,000 ETH (~$10.38 million) via OTC (over-the-counter) to Tom Lee’s Bitmine.

This move signals strategic liquidity management by the Ethereum Foundation, while giving institutional players like Bitmine a significant stake in $ETH .

📌 Why it matters:

Such large OTC transactions can influence market liquidity and sentiment. $BTC

Shows institutional confidence in Ethereum despite broader crypto volatility.

Keeps ETH in hands of major players while avoiding sudden market impact.$BNB

💡 Stay tuned as we track more Ethereum and crypto market moves!

👉 Follow for real-time updates, crypto news, and market alerts. 🌐

#ETH #CryptoNews #Blockchain #Bitmine

The Ethereum Foundation has completed another notable treasury move, selling 5,000 ETH to BitMine Immersion Technologies in a $10.2 million OTC deal.
What stands out here is that this is not just another treasury sale—it also shows how quickly corporate Ether accumulation is becoming a bigger part of Ethereum’s market story. BitMine has already built one of the largest ETH positions among public companies, and this latest purchase adds even more weight to that trend.
At the same time, the foundation is clearly following a more structured treasury model: selling portions of ETH when needed, staking part of its holdings, and directing capital toward protocol research, ecosystem growth, and long-term development.
It also comes during the same week that the foundation published a new mandate focused on decentralization, privacy, and gradually reducing direct influence over the network.
The bigger picture is that Ethereum’s institutional side is evolving fast—and treasury decisions are now becoming just as important to watch as price action.
#ETH #Ethereum $ETH #BitMine

BITMINE'S $9 BILLION $ETH STASH DOWN $2.8 BILLION DESPITE DOUBLING HOLDINGS! 🤯
Bitmine, a major institutional player, now commands 4.47 million $ETH , valued at approximately $9 billion. Despite doubling their holdings, the portfolio's current valuation is a staggering $2.8 billion lower than when they held half the amount, signaling significant market shifts and potential whale capitulation or deep accumulation.
Monitor Bitmine's $ETH movements. This massive unrealized loss indicates deep conviction or forced holding. Watch for capitulation events or strategic accumulation at these levels. Liquidity shifts are imminent. Prepare for volatility. Track their on-chain activity for further cues. Position accordingly.
Not financial advice. Manage your risk.
#ETH #WhaleAlert #CryptoNews #MarketUpdate #Bitmine
🚨

WHALE SNATCHES $ETH! 🚨
Entry: 2042.96 🔥
Tom Lee's BitMine just executed a massive OTC buy of 5,000 ETH from the Ethereum Foundation. This whale move signals strong institutional conviction. Watch for liquidity shifts. Monitor on-chain flows. Prepare for potential market impact. Accumulate strategically.
Not financial advice. Manage your risk.
#ETH #WhaleAlert #CryptoNews #FOMO #BitMine
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#Ethereum Foundation selld 5000 $ETH to Tom Lee #bitmine in $10 Million OTC Deal.
#Write2Earn #CryptoNewss
$COS $C

BREAKING:

#Ethereum Foundation has sold 5,000 $ETH worth $10.38 million to #BitMine via OTC today.

📈 LATEST: Eightco Holdings shares jump after $125M backing $DOGE
Shares of Eightco Holdings rose 11.67% on Thursday after the company secured $125 million in funding from major industry players. $ETH
What the deal includes:
• 💰 $125M investment led by Bitmine
• 🏦 Participation from ARK Invest
• 🪙 Backing from Payward $PEPE
• 👤 Tom Lee joining the company’s board
The funding round boosted investor confidence in Eightco Holdings, driving the double-digit stock surge as strategic crypto and tech investors deepen their involvement.
#Ethereum #TomLee #Bitmine

Michael Saylor’s Strategy Treasury Reveals New Data Showing 738,731 Bitcoin Worth $52.7 Billion While Tom Lee's Bitmine Holds 4,534,563 Ethereum Worth $9 Billion.

SAYLOR AND TOM COLLECTING BTC & ETH LIKE POKÉMON CARD 🤯⚡🧡

#BTCReclaims70k #Bitmine #StrategyBTCPurchase #BTC #ETH

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🚀 Tom Lee's Bitmine crazily bought 5000 ETH! On paper, a loss of 7.5 billion but still not stopping

Bitmine bought 5000 ETH at an average price of $2042.96 off the market from the Ethereum Foundation, with a total expenditure of about $10.38 million, and this money will be used for ETH protocol research and ecological funding.

Despite holding an unrealized loss of 7.5 billion dollars, the company is still crazily accumulating ETH, with a total holding now reaching 4,534,563 ETH.

Stimulated by this positive news, BMNR's stock price rebounded over 5% this week, closing at $20.55, and analysts are optimistic about its bullish continuation pattern, believing that the stability of ETH prices will further boost the stock price.

#Bitmine #ETH #加密货币 #BMNR #TomLee $BTC $ETH

🕵️ #Bitmine bought 30,000 $ETH for $61.89M from FalconX.

#Bitmine Adds Another $62M in $ETH ..... Accumulation Spree Continues🥳.
Whatever the rate, the buying isn’t slowing down. Bitmine has just added another large chunk of #Ethereum to its stash. About 10 hours ago, the firm acquired 30,000 ETH, worth roughly $61.89 million, executing the purchase through the institutional trading desk FalconX.
address, 0xf73D6605F44D6dE872ad6b98715c050FF201B48F,

#Bitmine absorbs 10 million in #ETH directly from the Foundation to secure its treasury

In a move that consolidates the era of corporate treasuries in Web3, the Foundation #Ethereum (EF) has executed a strategic sale of 5,000 ETH (approx. $10.2M) through an over-the-counter (OTC) operation with BitMine Immersion Technologies. This transaction not only injects operational liquidity into the Foundation but also reaffirms the aggressive institutional bet on the ecosystem of #VitalikButerin

The "Saylor" Strategy of Ethereum: BitMine, under the leadership of Tom Lee, is consolidating as the global giant in corporate ETH reserves. With over 4.5 million ETH on its balance sheet ($9.3B), the firm is successfully replicating the massive accumulation model that Strategy imposed with #bitcoin

OTC Sale to Avoid Chaos: Unlike the controversial attempt to sell on centralized exchanges last September, this operation was conducted through an EF Safe multi-signature wallet. The use of OTC channels allows the Foundation to liquidate assets without generating selling pressure that affects the spot price in public markets.

Sustainability and R&D: The funds raised will be allocated to protocol research and community grants. According to its treasury policy for 2025, the EF operates with a safety margin of 2.5 years, allocating 15% of its capital to annual operating expenses to ensure long-term development.
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