Ether | Crypto

Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply. Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined the Russell index tracking the largest 1,000 US companies. Bitmine said Monday that after its latest $43 million purchase, it held just over 5.7 million Ether (ETH) bought at an average price of $1,569 per token and held 4.7% of the ETH supply of 120.7 million tokens, closer to its goal of owning 5% of Ether’s supply. Bitmine chairman Tom Lee said the past week “was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins.”  Read more

Sharplink bought nearly 40,000 ETH last week after an eight-month pause, adding to signs the company has resumed its Ether accumulation strategy. Crypto treasury company Sharplink, which resumed buying Ether last week after an eight-month pause, has bought a total of $62.4 million worth of Ether since Thursday.  Onchain data from Arkham shows that after Sharplink bought 5,000 ETH on Thursday, it bought another 5,000 ETH (worth $7.9 million) on Friday, followed by 29,196 ETH (worth $46.7 million) across three over-the-counter transactions on Saturday.  Source: Lookonchain Read more

Ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025. Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on Friday Ether’s market capitalization dropped below $185 billion following a 5.2% price crash over 24 hours, sending the asset tumbling to $1,510 on Coinbase, according to TradingView. This allowed USDt, with a $186 billion market capitalization, to surpass the cryptocurrency.  “[The] stablecoin overtake really highlights how the market still favors stability over ETH’s volatility right now,” Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph.  Read more

Exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH. Ether's (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to a year-low of $10.3 billion from $15 billion, and the ratio of leveraged positions retreated sharply from their early June highs. The combination of rising exchange supply, muted new participation, and declining futures activity has led ETH analysts to forecast another wave of selling pressure below $1,700. ETH inflows on Binance outpace new demand Read more

FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure. A wallet tagged by Arkham to the publicly listed Ethereum treasury company FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025. The latest transfer equates to roughly $17.8 million at current prices and comes after earlier disposals that saw the Nasdaq-listed firm unwind more than 21,000 ETH from its treasury for roughly $55 million. FG Nexus accumulated 50,770 ETH between August and September 2025 at an average price of $3,860 per coin, building a position worth about $196 million at the time. Read more

Ether futures positioning tightened near $2,000 as rising open interest and dense short liquidity increased focus on a possible squeeze above $2,150. Ether (ETH) remains under pressure after failing to reclaim the $2,150 resistance level. Despite the decline, ETH's aggregate open interest has increased by roughly 350,000 ETH, suggesting new short positions are entering the market. With more than $1.5 billion in bearish positions clustered above $2,150, a successful defense of the $2,000 support zone could trigger a sharp short squeeze and a relief rally for ETH.  ETH has failed to reclaim $2,150 after dropping below it on May 17. The resistance capped the price from February to April, limiting a strong breakout.  Read more

Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether's total supply before the end of the year. Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile. Ether (ETH) has traded between $2,081 and $2,341 over the past seven days. It was trading at $2,128 as of Tuesday and was down 8.7% over the same period. “Over the past week, we acquired 71,672 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the alchemy of 5% sometime in 2026,” Lee said on Monday. Read more

Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday. Rising oil prices since the US-Israeli war have been a consistent weight on the price of Ether for the last three months, according to Fundstrat co-founder Tom Lee.  “If one is wondering why Ethereum has been under selling pressure … to me, rising oil prices is the biggest headwind,” Lee said on X on Monday. Lee said the inverse correlation between Ether prices and oil is at a record high. Crude oil prices have surged 66% from $65 to more than $100 per barrel since the US-Israeli war began on Feb. 28.  Read more

Jane Street cut Bitcoin ETF holdings sharply in Q1 2026, including IBIT and FBTC, while adding at least $82 million in Ether ETF exposure. Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds. Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published Tuesday. IBIT holdings fell about 71% from Q4 2025 to roughly 5.9 million shares valued at about $225 million, while FBTC dropped about 60% to around 2 million shares worth roughly $115 million. Read more

Wells Fargo lifted Ether ETF exposure while rotating Bitcoin holdings and sharply increasing its Strategy stake, per its Q1 2026 13F filings. Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing. The bank said it raised its holdings in Ether (ETH) ETFs, including BlackRock’s iShares Ethereum Trust ETF (ETHA) and the Bitwise Ethereum ETF (ETHW), according to its latest Form 13F filing released on Monday. ETHA rose 63.5% from about 672,600 shares in Q4 2025 to roughly 1.1 million shares in Q1 2026, while ETHW increased by 37% from about 186,800 to more than 257,000 shares, showing a broad-based increase across Ether-linked funds. Read more

Ether rallies are abruptly capped at $2,400 and multiple data points suggest this pattern will remain in play for the foreseeable future. Key takeaways: Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers. Ether’s down 21% in 2026, and investors have expressed uncertainty about the altcoin’s inability to mirror the broader market recovery. Read more

Ether could rise as high as $3,500 in the coming days, fueled by rising balances in Ethereum accumulation wallets and a strengthening technical structure. Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400. Key takeaways: Ether’s investor confidence has returned following its 39% recovery from a multi-year low below $1,750. Read more

Ether charts flash an ominous triple-top pattern as ETH fails to overcome $2,400. Will bears maintain control over the altcoin’s price action? Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at the $2,400 level since April 14. The price continues to trade below the 100-day moving average, with over $2.5 billion in liquidation risk concentrated near the $2,150 support zone. Crypto analyst Michaël van de Poppe also flagged weakness in Ether relative to Bitcoin, raising doubts about the strength of any near-term uptrend.  Ether has failed to break $2,400 four times over the past two weeks, forming a clear triple top pattern on the daily chart. Each retest saw a loss of strength near that level, suggesting supply absorption by sellers. Read more

ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally. Ether (ETH) futures on Binance have risen to a near two-month high as aggressive buyers stepped into the market over the past week. Buy-taker volume rose above $5 billion, and the current setup suggests the ETH rally is poised to continue.  On Binance, the 24-hour cumulative net taker volume reached $5.5 billion, rising 72% from $3.2 billion earlier in the month. The metric tracks the difference between market buy and sell orders, indicating who is driving price action. The 30-day average has stayed positive since March 1, returning to levels last seen in July 2022. The positive readings point to consistent buyer aggression. Read more

The GSR Crypto Core3 ETF is GSR's first crypto exchange-traded product, giving investors access to the top three largest cryptocurrencies by market capitalization. Institutional crypto trading platform GSR launched its first crypto exchange-traded fund on Wednesday, recording nearly $5 million in trading volume on its first trading day. The GSR Crypto Core3 ETF (BESO) tracks the spot price of Bitcoin (BTC), Ether (ETH) and Solana (SOL) and offers staking rewards, GSR said in a statement on Wednesday.  In a separate post on X, GSR said it will be adopting a “dynamic allocation strategy” to optimize returns for the fund, which carries a 1% management fee. Read more

The Kelp DAO attacker has moved $175 million of stolen Ether in an apparent bid to start laundering it after the $290 million exploit. The attacker behind the roughly $290 million Kelp DAO exploit began moving tens of thousands of Ether to newly created blockchain addresses on Tuesday, in what appears to be an effort to start laundering the stolen funds. The wallet tagged by Arkham as linked to the Kelp DAO exploit moved about 75,700 Ether (ETH) worth roughly $175 million across three transactions on Tuesday, including a 25,000 ETH transfer to one newly created address and transfers of 50,700 ETH and 0.7 ETH to another. Blockchain investigator ZachXBT wrote in a Tuesday Telegram post that addresses tied to the exploit had begun moving funds through THORChain and Umbra. He flagged three THORChain transactions totaling about $1.5 million and a separate $78,000 transfer through Umbra. Read more

A confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin. Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play? Ether’s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5. The increase in Ethereum’s active addresses indicates increased user interaction with the network, which is generally a positive. Read more

Schwab will introduce direct trading in the two biggest cryptos through a dedicated account, its first move into spot trading as it expands its digital asset offerings. Charles Schwab, one of the largest US brokerage firms, will roll out spot cryptocurrency trading for retail clients in the coming weeks, starting with Bitcoin and Ether through a dedicated account linked to its brokerage platform. According to Thursday’s announcement, the offering will allow clients to trade and view crypto alongside stocks and other assets across Schwab’s web, mobile and Thinkorswim platforms, with custody held by its banking unit and execution handled through a partnership with Paxos, a federally regulated trust company. Schwab reported $12.22 trillion in total client assets as of February 2026, according to its latest filings, and operates as a brokerage providing trading, banking and wealth management services. Read more

Institutional investors are buying Ether again, but a handful of factors could slow market momentum and negatively impact ETH’s rally. Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally. Read more

Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high. The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts.  Ether’s footing has improved as clearer DeFi regulations from the US Securities and Exchange Commission (SEC) were applauded by the crypto community. At the same time, Bitmine has added 71,524 ETH to its Ether treasury on April 13.  The ETH/BTC ratio broke through a descending trendline resistance that had been in place since August 2025. A daily close above this trend line marks the first breakout in months. Read more