Ethereum Breaks $1,700 as Tom Lee’s Bitmine Buys $135M ETH

Jun 16, 2026 - 06:15
Ethereum Breaks $1,700 as Tom Lee’s Bitmine Buys $135M ETH
Ethereum tops $1,700 as Bitmine buys $135.6M ETH, raising holdings to 5.62M ETH while traders target $1,850. Ethereum moved above the $1,700 level as buyers returned to the market. The move placed ETH back near a key short-term price zone. Traders are now watching whether Ethereum can hold this level as support. A steady reclaim...

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