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BitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.
Activity on Solana has spiked as new AI tech makes it easier than ever to launch memecoins. Meanwhile, Ethereum is plugging away at future-proofing and bringing down fees.
Ethereum slipped under $2,800 as charts and onchain data suggested downside risk remains elevated, with a potential move toward $2,100.