Ethereum derivatives experienced two synchronized liquidation waves in April, driven mainly by long position unwinds across major exchanges. Open interest dropped sharply on Gate.io (-$840M) and Binance (-$205M) during peak pressure. Despite volatility, funding rates and taker ratio recovered to neutral levels, showing the market absorbed leverage efficiently without structural breakdown.
Analyst Ansem projects an ETH price collapse below $1,000 by the end of the year, citing a structural deterioration in its fundamental value proposition. The reputational crisis deepens following the Kelp DAO exploit, triggering a massive withdrawal of deposits from Aave totaling approximately $6 billion.
Bitmine adds 101,627 ETH in one week, pushing total holdings to 4.12% of Ethereum's circulating supply.
Vitalik Buterin defended Ethereum in Hong Kong two days after a $292 million bridge exploit shook DeFi and triggered $6.6 billion in Aave outflows. His roadmap pairs near-term gas-limit increases, zkEVM rollout, and post-quantum preparation with a mid-term goal of cutting finality to 10-20 seconds.
BitMine added 101,627 ETH worth over $230 million, its largest weekly ether purchase of 2026 and biggest since Dec. 15, 2025, on record. The buy lifted holdings from 4,874,858 ETH disclosed on April 12 to roughly 4.97 million, pushing BitMine closer to its 5% supply target.
A whale who made $44.61m on leveraged ETH in two months has topped up a long to 30,000 ETH around $2,288, turning profits into even more high‑gear risk. A leveraged Ethereum (ETH) whale that has earned $44.
Bitmine makes a big move and buys 101,627 ETH, its largest transaction since 2025. With 4.12% of Ethereum's total supply already in hand, the company is approaching its goal: holding 5% of ETH.
ETH price rising to $2,400 drove whales to open large ETH long bets, as technical indicators suggest a short-term ETH price rally toward $3,000.
Bitmine has added more than 100,000 ETH in its largest weekly purchase in four months, bringing its holdings above 4% of the total supply. The move underscores its aggressive strategy to dominate ethereum treasury holdings. Key Takeaways: Bitmine bought 101,627 ETH, raising holdings to 4.12% and nearing its 5% supply goal. Bitmine's 3.
While the cryptocurrency sector expands and evolves, Ethereum continues to see a growing wave of institutional interest, underscoring its role beyond just a digital asset.
BitMine Immersion Technologies bought $235 million worth of Ethereum last week, bring its total holdings to nearly 5 million ETH.
HashKey Cloud said at the Hong Kong Web3 Festival that it partnered with the Ethereum Applications Guild to launch an ETH staking support solution for the EAG community. The companies said the initiative is meant to give Ethereum builders transparent, verifiable staking infrastructure while users keep full control of their assets.