ETH holds $2,700 as BitMine extends accumulation
Ethereum (ETH)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Ethereum price is $2,760, holding above $2,700 as investors maintain bullish positioning. Ethereum ETFs attracted $270 million, marking two consecutive days of net inflows that offset prior outflows. BitMine is extending its accumulation streak, potentially adding 12,500 ETH to its 5.98 million ETH balance.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 23 September 2026. Not the outlet's figures.
Whalio spot data shows ETH trading at $2,753.63 with a 1-hour buy ratio of 43.8%, indicating immediate selling pressure. This contrasts with the 4-hour buy ratio of 56.1%, suggesting that buying pressure is building over a slightly longer timeframe. The 24-hour buy ratio sits at 49.8%, showing a near-even split in the last day. Volume delta reflects this shift, with a negative $3,442,490 in the last hour but a positive $16,711,969 over four hours. The buy ratio measures the proportion of buy volume relative to total volume, while volume delta tracks the net difference between buy and sell volume.
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 7-day average buy ratio was 49.5%, making today's 24-hour reading of 49.8% only 0.3 points higher than the average. Spot volume was 0.92x the average, indicating slightly lower than usual trading activity. Net buying occurred on 2 of the past 7 days, with a total volume delta of $17,713,116. Price has risen 14.8% over the last 8 days. This represents a relatively ordinary day for the coin, with activity levels close to the weekly norm.