Ethereum News: Bitmine Buys Another 28,086 ETH as Price Falls Below $2,500

Bitmine has bought another 28,086 ETH this week as Ethereum trades below $2,500. The purchase is worth about $69.44 million and lifts Bitmine’s total holdings to 5,929,198 ETH, valued around $14.66 billion. That position corresponds to about 4.9% of Ethereum’s reported 122 million token supply. ETH is near $2,492 after bouncing from a session low of $2,442.98, with the last 24 hours trading between $2,442.98 and $2,505.13. Resistance is now clustered around $2,500–$2,505, with $2,520 next if surpassed. Ethereum ETF flows stayed mixed: $48.34 million in daily outflows, but net inflows over seven days.