Global #eth

Major Ethereum whales, including the treasury company Bitmine, have been on a massive buying spree, fueling speculation about a significant price rally in the fourth quarter.

Bitmine, a crypto firm led by Tom Lee, has significantly increased its Ethereum (ETH) holdings, purchasing another $69 million worth of ETH through Galaxy Digital.

Ethereum ($ETH), the second-largest cryptocurrency, is showing strong bullish momentum, rising over 1% in the past 24 hours to touch $4,600.

With Ethereum's price hitting a new all-time high, many people are looking for new ways to accumulate the cryptocurrency.

U.S. spot Ether (ETH) exchange-traded funds (ETFs) experienced a four-day streak of net outflows, with a total of $787.6 million leaving the funds during the shortened trading week.

BitMine Immersion Tech has solidified its position as the largest corporate holder of Ethereum (ETH) with a recent acquisition of 14,665 ETH worth $64.7 million.

SharpLink Gaming (SBET) has significantly increased its Ethereum (ETH) holdings, acquiring over $176 million worth of ETH in the last week of August.

Bitcoin is struggling to stay above its short-term holder cost basis of around $108,000. The price is facing downward pressure due to expected U.S. Treasury borrowing, which could reduce dollar liquidity.

Ethereum (ETH) recently hit a new all-time high of $4,935.52, capping a month of strong growth that saw its value jump over 35%.

Ether (ETH), the second-largest cryptocurrency, has experienced a 10% drop in value after failing to surpass its all-time high last week.

A long-term holder of Ethereum (ETH), who participated in the initial coin offering (ICO), has been selling off a significant portion of their tokens.

Recent market volatility has seen the total crypto market cap drop by approximately $220 billion since August 14, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant outflows.