Ethereum has extended its weekly decline as a multi-billion-dollar options expiry, institutional selling, and a hawkish Federal Reserve outlook have driven the token back toward its key $1,500 support. According to data from crypto.
The second-largest corporate ether holder received 5,000 ETH worth about $7.85 million on Thursday, its first inflow since October, even as it sits on a paper loss of roughly $1.8 billion.
Ethereum is holding the critical $1,500 support level as an oversold RSI signals an impending bounce. Will a confirmed double bottom pattern spark a 20% rally to $1,800?
Under the leadership of Fundstrat's Tom Lee, Bitmine has substantially increased its Ethereum holdings by staking an additional 160,480 ETH, or roughly $248.7 million.
BAGEY turns tokenization into a legal-record test, but transfer, collateral, and custody mechanics still have to prove the model.
SharpLink executed a purchase of 5,000 ETH on Thursday worth $7.85 million—representing its first Ethereum acquisition in an eight-month span. The transaction occurred during Ethereum's descent to $1,537, marking the cryptocurrency's lowest valuation in 2026.
Tether's USDT briefly topped ETH by FDV as Ethereum hit a 2026 low, showing stablecoin strength while Ethereum faces market and internal pressure.
Ethereum (ETH) maintains its position around the $1,665 mark following a turbulent period characterized by significant whale activity, developmental announcements, and diverging technical perspectives from market analysts.
Bitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.
SharpLink bought 5,000 ETH after eight months as Ether hit a 2026 low, lifting holdings to 876,285 ETH before Russell index entry.
BitMine staked 160,480 more ETH as BMNR prepares for Russell 1000 entry, lifting staked holdings to 4.88m ETH, Lookonchain says.
In May, Sharplink CEO Joseph Chalom named three catalysts that could push up the price of Ether, some of which have begun to materialize.