Bitmine: Adds 12,532 ETH in Latest Buy

Bitmine controlled by Tom Lee of Fundstrat scooped up another 12,532 ETH for $31.67M last week according to @lookonchain. The wallet now sits on 6,028,946 ETH worth $15.24B and controls 4.94% of total supply, only 77,442 ETH short of the 5% target.

ETH trades at $2526.51 inside its Bollinger Bands on the 4h chart with upper resistance at $2560.98 and lower support at $2466.5. Price sits below both the EMA50 at $2566.73 and EMA200 at $2580.52 confirming the bearish structure, yet the MACD has printed a golden cross at -5.56 while RSI at 46.7 remains neutral, suggesting any push into the upper band could stall and trigger a quick retracement toward the 50-EMA before the next leg higher.