Ethereum (ETH) trades around $2,305, slightly down in the past 24 hours amid broader market jitters. While prices are off intraday highs, volume of $18.3 billion highlights buyer interest as Bitmine Immersion Technologies’ latest Ethereum purchase points to institutional confidence. ETH recently jumped to above $2,400 on bullish sentiment around de-escalating geopolitical tensions. This outlook remains, and Bitmine buying more ETH signals conviction. Could it help the price go higher? Bitmine’s major ETH acquisition Bitmine Immersion Technologies added 101,627 ETH last week, its fastest accumulation since December 15, 2025. The firm now holds 4,976,485 ETH as of April 19, 2026, equating to 4.12% of Ethereum’s total supply. Its $12.9 billion portfolio includes $1.
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