Latest Update
9/1/2026 12:16:00 AM

BitMine: Accumulates 20K ETH Worth $49.4M

BitMine: Accumulates 20K ETH Worth $49.4M

BitMine wallet takes 20K ETH ($49.4M) from FalconX at $2461.52 as ETH price holds bullish EMA structure with MACD golden cross intact.

Source

Analysis

BitMine linked wallet 0xD62d51F59EbB5E55a42A6321c4d750B795131ee2 absorbed 20K ETH (~$49.4M) from FalconX on September 1 2026.

Price sits at $2461.52 inside Bollinger Bands with upper resistance at $2496.84 and lower support at $2412.09 while the 50-EMA at $2429.04 and 200-EMA at $2177.67 define the bullish trend structure. MACD golden cross at 1.21 keeps momentum positive even as RSI(14) at 50.38 shows neutral conditions, suggesting any pullback would likely find bids at the 50-EMA before continuation.


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