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US Stock Ethereum Reserve Concept Stock Prices Plummet, BTCS Falls Over 8%

By: theblockbeats.news|2025/08/25 18:02:07

BlockBeats News, August 26th, the Ethereum Reserve Concept Stock of the US stock market experienced a general decline, including:

· SharpLink Gaming (SBET.US) fell by 3.98%;

· Bitmine Immersion Technologies (BMNR.US) fell by 2.49%;

· BTCS (BTCS.US) fell by 8.13%;

· Bit Digital (BTBT.US) fell by 1.77%;

· Coinbase (COIN.US) fell by 2.95%.

Last week, a $40 million worth position was established in HYPE, and the new address has started gradually selling off HYPE and longing ETH.

Abraxas Capital recently purchased 120,900 PT-kHYPE tokens, bringing their total holdings to 146,500 PT-kHYPE tokens.