Bitmine: Adds 25000 ETH as Institutions Sell

Bitmine purchased another 25000 ETH worth $47.98 million through BitGo overnight, countering widespread institutional selling as Tom Lee of Fundstrat remains the last major bull.

ETH trades at $1857.63 on the 4-hour chart inside a bearish structure defined by EMA50 resistance at $2010.47 and EMA200 at $2147.26, with price testing lower Bollinger support near $1875.45 while RSI at 20.4 signals oversold exhaustion and MACD death cross at -35.11 confirms trend strength to the downside.