Spot BTC, ETH ETFs see $1.7B Outflow but Whales Buy the Dip

  Key points to remember: Spot Bitcoin and Ethereum exchange-traded funds (ETFs) saw a total of $1.7 billion in weekly outflows. Solana and a few select altcoins continued to attract steady flows despite market weakness. Onchain data shows that large whales are accumulating BTC, which is keeping BTC prices above the $100,000 level. Spot Bitcoin … Read more

BitMine Buys 34% More ETH Week-Over-Week, Adding 110,288 Ether

BitMine’s digital cash accumulation shows no signs of slowing down, with the latest week of Ether buying marking a 34% increase from the previous week. BitMine Immersion Technologies announced the purchase of 110,288 Ether (ETH) on Monday, bringing its total to 3,505,723 ETH at an average purchase price of $3,639 per token. As part of … Read more