Bitmine Immersion Technologies purchased approximately 101,745 ETH last week for roughly $237.7 million, at an average price of $2,336 per token. The transaction raised its total holdings to 5,180,131 ETH, equivalent to 4.29% of the total supply of Ethereum, set at 120.7 million tokens.
Upbit users deposited 53,658 XRP tokens in the last 24 hours, while on Binance, deposits reached 491,183 units. Total XRP reserves on Upbit have risen to 6.495 billion tokens, representing 40.25% of the total supply on exchanges. The asset's price is in a consolidation range near $1.
Bitcoin mining suffers an identity crisis. The original story promised a network sustained by thousands of anonymous participants, each competing fairly from a personal computer. That image no longer holds. Today two pools control over sixty percent of the hashrate. A handful of manufacturers design and distribute the specialized chips.
Aave wants its money back. The DeFi giant filed an emergency motion in federal court to lift a freeze on $73 million worth of ether connected to the Kelp DAO exploit.