In the Spotlight
Ethereum Holders Pull Back Supply as BitMine Nears 5% Target
TLDR Ethereum exchange supply has fallen 73% from its June 2020 peak, dropping to 6.06 million ETH. More ETH is moving into staking, ETFs, corporate treasuries, and long-term custody. BitMine now holds 5.96 million ETH, [...]
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Key Takeaways Ethiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35% of EEP revenue.EEP will reassess miners [...]
