DBS is transferring 3 million USDC to Galaxy Digital, which may be used to purchase ETH.

Bitmine Expands Ethereum Holdings as Staking Network Nears Launch

Bitmine Immersion Technologies disclosed it holds 3.04 million staked Ethereum worth $6 billion, representing 3.71% of Ethereum's supply. The firm's $9.9 billion treasury includes Bitcoin and cash, with 68% of holdings staked, generating $172 million annually.

Massive ETF Inflows: BTC, ETH, SOL, XRP See $521M Surge

_US spot crypto ETFs posted $521.45M in net inflows on March 2, 2026, led by Bitcoin products._ _Bitcoin ETFs bought 6,970 BTC worth $458.20M, equal to about 15 days of mined supply._ _Ethereum, Solana, XRP, and Dogecoin ETFs saw inflows, while HBAR, LTC, AVAX, and LINK had zero flows._

ETH short-term increase of 1.04%: Spot buying driven and deflation expectations resonate to amplify the rally

March 3, 2026 12:00 to 12:15 (UTC), ETH prices rapidly rose within the range of 1960.84 to 1990.3 USDT, recording a 1.04% return with an amplitude of 1.50%. The candlestick data reflect significant market activity during this period, with trading volume and volatility both at high levels, attracting widespread market attention. The main driver of this movement is active spot market buying, which pushed short-term prices higher. At the same time, leveraged funds in the futures market participated heavily, with open interest exceeding $25 billion, and approximately $96.85 million in long and short funds within the market.

Bitmine scans another 50,000 ETH! Tom Lee Looks Forward to a Rebound in March

Bitmine Immersion Technologies (BMNR) announced that as of March 1, it holds 4.47 million ETH, valued at $8.8 billion, making it the publicly listed company with the largest holdings of Ethereum worldwide. Despite the market downturn, Bitmine continues to increase its ETH holdings and plans to launch its own "Made in USA Validator Network," which is expected to generate an annualized revenue of $249 million.

Ethereum sets usage record, but ETH approaches the longest downtrend chain since 2018

Ethereum is approaching a milestone that few investors want: the longest monthly downtrend since the 2018 "crypto winter." Since September 2025, ETH has experienced six consecutive months of closing in the red, causing the price to drop approximately 60% from the all-time high of $4,953 in August 2025 to below $2,000.