Ethereum’s Circus: $10B Reserve, Whales, and the Quest for $6K – Or Not

Our digital darling flirted briefly with a steely $3,730 before retreating gracefully to $3,639, as reported by Brave New Coin’s Ethereum Liquid Index (ELX). The leap was fueled, no doubt, by a Monday boogie of nearly 6%, courtesy of the behemoth BitMine Immersion Technologies-holding over 833,000 ETH, a neat $3 billion kitty, making it a sort of crypto mega-merlot in the world of treasury wines.



