ChainCatcher cited Coinglass data showing that a drop in ETH below $2,111 would put about $967 million of long positions at risk of liquidation on leading centralized exchanges. On the upside, a move above $2,329 could trigger roughly $512 million in short liquidations across major CEXs.

Ether Machine has abandoned its planned Nasdaq listing and shelved a proposed $1.5 billion Ethereum fund after ending its SPAC merger with Dynamix Corporation, according to a regulatory filing. The termination took effect immediately and was attributed to deteriorating market conditions. The now-canceled transaction also involved The Ether Reserve LLC and would have taken Ether Machine public under the ticker ETHM. The filing outlines a $50 million payment obligation triggered by the deal's termination. An unnamed payor is required to remit $50 million to Dynamix within 15 days, though public documents do not identify who is responsible for the payment. With the merger off the table, Dynamix said it will pursue a new business combination and has until November 22, 2026, to complete a replacement deal. Before the breakup, Ether Machine had promoted the listing as a large yield-bearing Ethereum vehicle. Prior disclosures indicated the fund was expected to launch with more than 400,000 Ether under management, valued at over $1.5 billion at the time. The company, co-founded by Andrew Keys and David Merin, had built its treasury ahead of the proposed debut. In September, Ether Machine raised $654 million in private financing, including a contribution of 150,000 Ether from Jeffrey Berns, who joined the board. The reversal comes as broader pressure mounts on Ethereum treasury strategies. Trend Research exited its position by selling 651,757 Ether, booking an estimated $747 million loss in one of the largest recent liquidations. ETHZilla also moved away from its Ethereum-focused approach, rebranding as Forum Markets and abandoning its accumulation model. As crypto market conditions tighten, several institutional Ethereum treasury plans have stalled or shifted course.

A hacker exploited a Polkadot bridge vulnerability, minting DOT tokens valued at about $1.1 billion. Only a small fraction of the total was realized after the attacker sold part of the newly created tokens.

Bitmine Immersion Technologies has lifted its Ethereum holdings to roughly $10.7 billion after purchasing an additional $156 million of ETH, bringing its treasury to about 4.87 million ETH. The stash equals around 4.04% of Ethereum's total supply, putting the company at about 81% of its stated objective to control 5% of ETH in circulation. Chairman Tom Lee reiterated his bullish stance, calling ether "the wartime store of value" amid geopolitical and financial uncertainty. Recent market moves have not supported the strategy: Ethereum slipped to around $2,199 over the weekend, while Bitmine shares fell 2.25% in premarket trading and remain down about 32% year-to-date. The company said it moved its listing from NYSE American to the New York Stock Exchange on April 9, 2026. Shares continue to trade under the ticker BMNR, with management citing improved visibility on the NYSE. In its latest update, Bitmine reported 4,874,858 ETH valued at about $2,206 per coin. It also holds 198 Bitcoin, has $200 million invested in Beast Industries and $85 million in Eightco Holdings, and maintains $719 million in cash for operations and liquidity. The firm continues to market itself as the world's largest Ethereum treasury. On the income side, Bitmine is expanding staking through MAVAN, a platform designed for institutional-scale Ethereum validation. The company said it has staked about 3.33 million ETH, worth roughly $7.4 billion, representing nearly 68% of its total ETH holdings. Lee said annualized staking revenues have reached $212 million, with a potential increase to about $310 million as deployment scales. Bitmine reported a staking yield of 2.89%, above the broader network benchmark of 2.73%. Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Coin Edition is not responsible for losses resulting from the use of any referenced content, products, or services. Readers should exercise caution before taking any action related to the company.

A flaw in Hyperbridge's proof-verification process enabled an attacker to mint 1 billion bridged $DOT tokens, with a notional value exceeding $1.1B. Hyperbridge said the issue stemmed from a vulnerability in its Token Gateway, which was exploited on April 13, 2026, leading to roughly $237,000 in losses on #Ethereum.

Blockchain data shows 23,308 ETH, valued at $51,891,849, was transferred from an unknown wallet to Coinbase Institutional.

Tron Protocol brought in $822 million in fee revenue in the first quarter of 2026, ranking second among networks behind HyperliquidX, according to research. USDT's market value on Tron topped $85 billion in March, representing more than 46% of the global USDT supply, even as the broader market contracted. (CoinDesk)

Bitmine has built a position equal to 4% of Ethereum's total supply after acquiring nearly 5 million ETH over the past nine months. The company says it has reached 81% of its target to own 5% of all ETH, positioning itself as the world's largest Ethereum treasury company. Details inside.

On-chain data shows a transfer of 116,000,000 USDT (USD 116,017,979) from an unknown wallet to Aave.