Bitcoin24h $62,782.00+0.69%

Ethereum24h $1,743.76-0.27%

BNB24h $569.42+0.67%

XRP24h $1.09+0.57%

Solana24h $77.65+0.16%

TRON24h $0.3306+0.90%

Hyperliquid24h $67.26-2.24%

Dogecoin24h $0.0724+0.40%

UNUS SED LEO24h $9.51+0.69%

Zcash24h $466.38+0.25%

Even Ethereum treasury companies are selling ETH to pay off debt

This month, Peter Thiel-backed treasury ETHZilla sold $74.5M of its ETH holdings to retire some of its bonds.

Tom Lee’s BitMine is performing as bad as Strategy

Shares of the world’s largest publicly traded ETH treasury company, BitMine Immersion Technologies, have crashed by over 80% since June 3.

On Sunday, Ethereum users were unstaking $4 billion worth of ETH from the network due to two impactful headlines from finance.

The individual who accidentally paid a $112,000 ETH gas fee, and is now pleading for the receiver to return it, will unlikely get it back.

Andrew Tate put a massively leveraged trade on HyperLiquid, lost it all, and then tried to delete the evidence.