Wealthy crypto investors are continuing to cluster around Bitcoin (BTC) and Ethereum (ETH), underscoring a defensive, 'core-asset' stance as market volatility persists. At the same time, a handful of smaller-cap tokens are flashing 'extreme oversold' readings, with Relative Strength Index (RSI) values dropping into the 0% range—levels that typically spark debate around a potential short-term bottom.
Bitmine, the world's largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company's largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There's No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week's dip, marking the treasury's largest purchase so far this year.