Bitmine, linked by Lookonchain to Fundstrat’s Tom Lee, added 32,938 ETH and staked another 118,944 ETH in a four hour window, according to Arkham tracked transfers. Meanwhile, a Coinglass liquidation map shared by Ted Pillows shows $4.54 billion in shorts at risk on a 10% ETH jump and $4.05 billion in longs exposed on a 10% drop.
Lookonchain says Bitmine added 32,938 ETH and staked 118,944 ETH in four hours
Bitmine, linked by Lookonchain to Fundstrat’s Tom Lee, bought another 32,938 ETH worth about $97.6 million and then staked an additional 118,944 ETH valued around $352.16 million over the past four hours, according to Lookonchain’s post.
Bitmine ETH Transfers and Staking Activity. Source: Arkham, Lookonchain
A screenshot from Arkham’s interface shows multiple recent Ethereum transfers from “Bitmine” wallets to the same destination address, with several large chunks recorded within a few hours. The entries include repeated transfers around 24,544 ETH per transaction, plus another transfer around 20,768 ETH, each displayed with dollar values in the tens of millions.
The activity indicates Bitmine moved sizable ETH amounts into an address used for staking or custody. Lookonchain framed the moves as fresh buying followed by staking, while the Arkham transfer table shows the onchain movements that back the claim, without detailing the execution venue for the purchases.
Ethereum liquidation map shows heavy risk on both sides near current price
Ethereum faces large liquidation clusters on both sides of the market, based on an exchange liquidation map shared by Ted Pillows on X. The chart shows where leveraged positions could be forced closed if price moves sharply from current levels.
ETH Exchange Liquidation Map. Source: Coinglass, Ted Pillows on X
According to the graphic, about $4.54 billion in short positions would be liquidated if Ether rises roughly 10%. Those positions sit above the current price and reflect traders betting on downside who would be forced to buy back if price moves higher.
At the same time, the chart shows around $4.05 billion in long positions vulnerable if Ethereum drops about 10%. These positions sit below the current price and represent leveraged bets on upside that would unwind if price falls.
The liquidation map aggregates data across major exchanges and highlights how tightly balanced leverage remains. With large pools of risk positioned both above and below spot, a sharp move in either direction could trigger forced liquidations and accelerate price swings.
