Bitmine: Adds 10,452 ETH to Treasury Holdings
@EmberCN reports Bitmine bought 10,452 ETH for $25.41 million last week, narrowing its gap to a 5% supply target, while Strategy holds 848,517 BTC with a 6.3% unrealized gain.
SourceAnalysis
Bitmine acquired 10,452 ETH last week for $25.41 million, moving closer to its 5% ETH supply target with 55,000 ETH still needed. Strategy made no BTC purchases and now controls 848,517 BTC valued at $68.075 billion at an average cost of $75,446, showing a $4.058 billion unrealized profit.
Bitmine treasury now totals 6,051,933 ETH worth $14.04 billion at an average cost of $3,331, reflecting a $6.118 billion unrealized loss.
Ethereum at $2310.96 sits below both the EMA50 at $2388.58 and EMA200 at $2485.5 on the 4-hour chart, locking in the bearish structure. The MACD death cross at -23.72 and neutral RSI of 38.19 keep momentum weak, while price remains inside the Bollinger Bands with $2416.09 as near-term resistance and $2291.16 as immediate support, pointing to further consolidation or a test of lower levels before any reversal attempt.
余烬
@EmberCNAnalyst about On-chain Analysis