Ethereum climbed 4.80% over a 24-hour period to hit $2,752.53, moving closer to the psychologically significant $3,000 mark. Over the past week, BitMine added 27,562 ETH to its holdings, growing its total reserves to 5,983,940 ETH, which are valued at roughly $17.1 billion. Meanwhile, U.S. spot Ethereum exchange-traded funds saw fluctuating activity, registering $140 million in weekly withdrawals prior to logging $143.8 million in net inflows during a single day. At the same time, trading volumes in the derivatives market jumped 78.93% to hit $74.55 billion.
Technical indicators point to resistance near $2,786, with primary support floors established at $2,626 and $2,537. Ethereum’s 4.80% gain brings the world’s second-biggest cryptocurrency close to the $2,800 resistance threshold, sparking renewed market talk of a potential run at $3,000.
Across the wider cryptocurrency market, total valuation rose 5.23% to bring the combined market capitalization to $2.91 trillion. Bitcoin briefly touched an eight-month high above $86,000, adding roughly $568 billion to overall market value. Investor sentiment also recovered significantly, pushing the Crypto Fear and Greed Index up to 79—a sharp turnaround from the extreme pessimism seen back in February.
Corporate buying continued as BitMine built on its acquisition strategy by purchasing 27,562 ETH over the prior week, keeping up a steady buying streak that began on June 30, 2025. With these recent purchases, BitMine holds 5,983,940 ETH, accounting for nearly 5% of the entire circulating supply of Ethereum.
As noted by Wu Blockchain on September 21, 2026, Bitmine (BMNR)—the foremost Ethereum treasury entity—reported acquiring 27,562 ETH across the week, pushing its total holdings to 5,983,940 ETH (or 4.9% of all circulating ETH) as of September 20. Even so, institutional capital flows told a more mixed story, with U.S. spot Ethereum ETFs facing shifting momentum.
Frequently Asked Questions
How much did Ethereum’s price increase?
Ethereum rose by 4.80% over a 24-hour period, reaching $2,752.53.
How many Ethereum coins does BitMine hold?
BitMine holds 5,983,940 ETH, which makes up about 4.9% of the total circulating supply and is valued at approximately $17.1 billion.
What are the key support and resistance levels for Ethereum?
Technical analysis highlights resistance at $2,786, alongside key support levels at $2,626 and $2,537.
What is the current state of the Crypto Fear and Greed Index?
The Crypto Fear and Greed Index has climbed to 79, marking a substantial recovery from the extreme bearish sentiment seen in February.
How did U.S. spot Ethereum ETFs perform recently?
U.S. spot Ethereum ETFs experienced mixed institutional flows, recording $140 million in weekly withdrawals before later bringing in $143.8 million in net inflows over a single day.