Bitmine Immersion Technologies ETH Holdings Reach 5.96 Million
Ethereum (ETH)
Editor:
Eugene Serbin
manilatimes.net reports that Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings have reached 5.96 million tokens, with total crypto and cash holdings now at $15.8 billion. The company is 98% of the way to the 'Alchemy of 5%' in just 15 months and owns 4.9% of the total ETH coin supply of 122.0 million. Bitmine holds 5,067,309 staked ETH, representing $12.7 billion at $2,513 per ETH, through MAVAN (Made in America VAlidator Network). Tom Lee is set to deliver the keynote at KBW on September 30, 2026, while Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026, and its Series A Preferred Stock trades on the NYSE under the symbol BMNP.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 14 September 2026. Not the outlet's figures.
ETH is trading at $2,477.10 on Binance spot, with a 1-hour buy ratio of 43.6% and a 4-hour buy ratio of 53.8%. The 24-hour buy ratio stands at 44.4%, indicating that while short-term buying is present, the 4-hour window shows stronger accumulation than the full day average. The 1-hour volume delta is -$3,329,707, showing immediate selling pressure, whereas the 4-hour volume delta is +$12,937,793, suggesting net buying has occurred over the longer timeframe. The 24-hour volume delta is -$60,169,818, but the CVD at 24-hour close is +$35,035,555, meaning cumulative buying pressure has outweighed selling pressure over the day despite the negative delta. This flow indicates that while large sell orders have been executed, the net market depth has shifted positively.
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.
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, the buy ratio averaged 48.6%, making today's 24-hour buy ratio of 44.4% 4.2 percentage points lower than the average. Volume was 0.70x the average, indicating significantly reduced trading activity compared to the norm. Only 1 of the past 7 days saw net buying, and the price has changed -1.5% over the last 8 days. The 8-day volume delta total is -$178,422,833, highlighting a sustained period of net selling pressure leading into this news. This represents an unusual day with lower volume and lower buy ratios compared to the weekly baseline.