Coinspeaker asks if Bitmine is buying more Ethereum
Ethereum (ETH)
Editor:
Eugene Serbin
Coinspeaker.com reports on whether Tom Lee's Bitmine is accumulating Ethereum. The article is authored by Daniel Frances, a technical writer and Web3 educator. Frances specializes in macroeconomics and DeFi mechanics. He has been a crypto native since 2017 and holds certifications from The Blockchain Council.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 27 August 2026. Not the outlet's figures.
Whalio spot data shows Ethereum trading at $2,506.78 with a 24-hour buy ratio of 51.2%. Short-term momentum is shifting, as the 1-hour buy ratio rose to 55.0% while the 4-hour ratio dropped to 40.4%. Volume delta indicates strong immediate buying of +$7,944,358 in the last hour, contrasting with a -$11,321,838 outflow over four hours. The buy ratio represents the percentage of trades executed by buyers versus sellers. Volume delta measures the net value of those trades, showing where aggressive money is flowing.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Twenty-four hours later
What ETH did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, Ethereum saw a 51.4% average buy ratio across seven days. Today's 24-hour buy ratio of 51.2% is 0.2 points lower than that weekly average. Spot volume today was 0.48 times the weekly average, indicating lighter trading activity. This represents an ordinary day for the coin, with six of the last seven days showing net buying. The price increased by 11.3% over the eight-day period.