As reported by Coindesk, Ether (ETH) held above $4,000 on Oct. 28, supported by activity from BitMine, which withdrew about $113 million in ETH from BitGo and described the move as 'buying the dip.' BitMine Immersion Technologies (BMNR) disclosed in a press release on Oct. 27 that its crypto, cash, and 'moonshots' totaled $14.2 billion, including 3,313,069 ETH and $305 million in unencumbered cash. The company claims to hold the largest ether treasury and aims to control 5% of the ether supply.
Ether Holds Above $4,000 as BitMine Withdraws $113M ETH, Says 'Buying the Dip'
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