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Ethereum (ETH) Price: Institutions Are Buying the Dip Hard — SharpLink, BitMine Add Thousands of ETH
CoinCentral·August 11, 2026·1 min read
SharpLink reported $394.3M in Q2 net losses from unrealized ETH losses and staking impairments. BitMine acquired 7,931 ETH last week, boosting holdings to 5.805M ETH. Ethereum staking hit a record 41.7M ETH, about one-third of circulating supply. US spot Ethereum ETFs recorded inflows. Institutions are buying the dip.
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