Bitmine: Accumulates 27,801 ETH as Stablecoin Cap Grows

Bitmine purchased another 27,801 ETH worth $49.12M last week even as seven companies trimmed 909.3 BTC ($56.96M) from their treasuries.

Stablecoin supply expanded $121M and DEX spot volume ticked higher while perpetuals trading slowed further; Strategy stayed flat on BTC.

Price sits at $1771.4 inside the Bollinger band with EMA50 at $1771.22 acting as immediate support and EMA200 at $1751.88 providing deeper floor; MACD death cross at 2.62 signals fading momentum while RSI at 44.52 leaves room before overbought territory, so a measured pullback toward the 50-EMA looks probable before any fresh continuation higher.