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Home News Business

BitMine Buys $93 Million in ETH, but Ethereum Slides as Holders Resume Selling

admin by admin
April 16, 2026
in Business, News
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BitMine Buys $93 Million in ETH, but Ethereum Slides as Holders Resume Selling
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Ethereum price recently failed to sustain a breakout above $2,100, forcing the altcoin into a consolidation phase. The rejection reinforced resistance and shifted short-term momentum lower. External developments fueled expectations of recovery, but limited investor participation muted their impact. ETH has since slipped back into a structured range…
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