Ethereum price started a fresh increase and remained stable above $2,355. ETH is now consolidating and might aim for more gains if it clears $2,400.
Ethereum is trading in a narrow range, but derivatives positioning suggests the market is far from calm underneath. CoinGlass data shows roughly $874 million in long positions face liquidation below $2,206, while $403 million in shorts face liquidation above $2,412.
At press time, Ethereum (ETH) was trading at $2,354, having gained 1.78% within the day as it moved in lockstep with Bitcoin. The cryptocurrency, however, is trading more than 50% below its all-time high (ATH) of $4,700.
Ethereum has been struggling to push above local highs as buyers search for the conviction needed to break through resistance above $2,300. The price action is frustrating — a market that keeps approaching a level without clearing it — and the chart alone does not explain why the upward pressure has been building.
Bitmine Immersion Technologies purchased approximately 101,745 ETH last week for roughly $237.7 million, at an average price of $2,336 per token. The transaction raised its total holdings to 5,180,131 ETH, equivalent to 4.29% of the total supply of Ethereum, set at 120.7 million tokens.
Aave filed an emergency motion to lift a court order that froze approximately $73 million in ETH linked to the Kelp DAO exploit. The attribution of the attack to the North Korean Lazarus Group has not been proven, according to the protocol's filing in federal court.
Bitmine Immersion Technologies has unveiled a $13.1 billion treasury, with ethereum comprising roughly $12.1 billion of the total. Key Takeaways: Bitmine reached $13.1 billion in holdings on May 3, 2026, including 5.18 million ETH and 200 Bitcoin. Ranking as the #2 global treasury, Bitmine now trades $625 million daily, outpacing firms like DoorDash.
Bitmine buys $238M in ether, raising holdings to 5.18M ETH as Tom Lee says a new crypto spring has begun.
The upcoming Ethereum scaling upgrade is drawing attention across the market, raising a critical question about whether a major leap in network capacity can translate into equally strong price growth. The idea sounds straightforward, but the relationship between infrastructure and valuation is rarely that direct.
Ethereum's back in the green. Holders who bought near recent lows are profitable again as the token climbs, sparking talk of a run to $3,000.
Aave has filed an emergency motion to vacate a court order freezing $71M in recovered ETH, arguing the funds should be returned to exploit victims.
Bitmine Immersion Technologies (NYSE:BMNR) acquired 101,745 Ethereum (CRYPTO: ETH) last week, pushing total holdings to 5.18 million tokens worth $12.1 billion. Bitmine Now Holds 4.29% Of Total ETH Supply Bitmine's 5.18 million ETH represents 4.29% of Ethereum's total 120.7 million supply, making it 86% of the way to the “Alchemy of 5%” goal in just 10 months.