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#ETH
Bitmine Buys Another 12,535 ETH in a Week, Holdings Reach 6.04 Million Coins
Bitmine added 12,535 ETH to its holdings last week, bringing its Ethereum stockpile to 6.04 million coins, with total investment positions now valued at $15.1 billion.
Manipulating Hyperliquid's ETH Price Nets $1.28M Profit — Same Wallet Liquidated for $450K Loss Three Hours Later
A wallet netted $1.28 million by manipulating Hyperliquid's ETH price on Papertrade, a new exchange touting 1,000x leverage, but the same wallet's 30 short positions were liquidated just over three hours later, resulting in a $450,000 loss on Saturday night.
Bitmine, owned by Tom Lee, added 53,500 ETH in a week, with inventory reaching 5.9 million
Bitmine, run by Tom Lee, bought an additional 53,501 ether coins in the past week, raising the company’s inventory to 5.9 million. The Block reported that he described Ethereum as “the best-performing macro asset.”
Galaxy Launches Crypto-Backed Credit Line: Collateralize BTC, ETH, SOL for Cash Without Selling
Galaxy has added a crypto-backed credit line for GalaxyOne customers, allowing eligible users to borrow cash against BTC, ETH, and SOL without having to sell their holdings.
Ethereum Staking Ratio Hits 34%, EIP-8361 Wants to Burn Off Part of Validator Rewards
A researcher has proposed EIP-8361: the higher the staking ratio climbs, the more validator rewards get burned — essentially fitting a brake onto Ethereum's ever-expanding staking curve.