This week, Bitmine, the largest public holder of Ethereum, acquired another 100,000 $ETH, spending nearly $233.7 million, according to Lookonchain data.
The Ethereum Foundation, the main organization behind the Ethereum ecosystem, announced another sale following a recent one. In its statement, the Foundation reported that the sale of 10,000 Ethereum tokens ($ETH) was completed today.
Attention in the cryptocurrency market is focused on tomorrow’s expiration of major options. It is reported that Bitcoin and Ethereum options worth approximately $9.87 billion will expire and be settled.
In the cryptocurrency market, institutional players’ strategies focused on Ethereum continue to attract attention. According to information provided by the blockchain data platform Lookonchain, Bitmine recently staked 93,600 Ethereum. The total value of this transaction is estimated at approximately $218 million.
The development of Ripple is expanding the use cases of the $XRP Ledger, one of the most popular blockchains, along with its native cryptocurrency $XRP.
Over the past four months, the company reached its highest accumulation pace, purchasing 101,627 Ethereum in just one week. This marks the largest weekly increase since major purchases recorded during the week of December 15, 2025.
New Coinglass heatmap data shows that $ETH is once again positioned between two major liquidation zones, with leverage concentrated both below and above the current price. If $ETH falls below $2323, total long liquidations across major centralized exchanges could reach approximately $1.044 billion. On the upside, a breakout above $2563 could liquidate short positions worth up to $531 million.
In recent days, Bitcoin and altcoin charts have continued to rise in the green zone. News about ceasefire negotiations between the U.S. and Iran and the possibility of ending the war has had a positive impact on the market, and one analyst stated that the uptrend could continue for Bitcoin, Ethereum, and XRP.
On Tuesday, crypto ETFs posted strong gains, with significant inflows observed across all major assets. Bitcoin led the rally, while Ether, $XRP, and Solana also advanced during a rare session where all indicators were in the green.
The net loss of BitMine Immersion Technologies for the quarter ended February 28, 2026, reached $3.82 billion. The reason was the revaluation of its Ethereum reserves amid a prolonged market downturn.
Bitcoin ETFs started the week with significant outflows, reversing last week’s trend. Ethereum ETFs showed moderate growth, while $XRP declined and activity around Solana stalled.
On the crypto prediction platform Polymarket, investor expectations are beginning to form regarding whether leading crypto assets will reach their all-time highs ($ATH) again.
Spot Ethereum ETFs in the U.S. attracted $187.07 million between April 6 and April 10, 2026. This is the strongest weekly performance since mid-January. Prior to this, the funds had shown negative momentum for three consecutive weeks, according to data from SoSoValue.
BitMine continues to increase its investments in Ethereum, achieving impressive results. Last week, the company purchased 71,524 Ethereum, marking its largest weekly acquisition since December 2025.
The crypto market is approaching Friday’s options expiration in a calm manner. Today, Bitcoin and Ethereum options worth over $2.2 billion expire, but the settlement itself is unlikely to trigger a sharp move on its own.
Cryptocurrency exchange-traded funds (ETFs) once again faced outflows after a confident start to the week, which was triggered by a sharp reversal in Bitcoin’s price. $XRP stood out with gains, while Ether and Solana once again came under selling pressure.
Українська
Русский
English