Bitmine: Adds 76,881 ETH to $9.92B Position
Bitmine holds 5,620,754 ETH worth $9.92B after buying 76,881 more tokens at $1775, with average cost $3450 and $9.5B unrealized loss.
SourceAnalysis
Bitmine purchased another 76,881 ETH for $135.62M last week, lifting total holdings to 5,620,754 ETH valued at $9.92B with an average acquisition cost near $3,450.
Price action at $1775.54 tests the upper Bollinger Band resistance at $1756.76 while RSI(14) prints 73.38 in overbought territory and MACD maintains its golden cross at 20.96; this confluence points to a probable retracement toward the EMA50 support at $1696.45 before any sustained move higher. ETH holdings analysis and crypto accumulation strategy continue to draw attention as traders weigh these levels against broader ETH price prediction models.
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