BitMine: Buys 10.46K ETH for $19.48M
BitMine wallet buys 10.46K ETH (~$19.48M) via FalconX, expanding its 4.8% Ethereum supply stake as price tests $1865 support.
SourceAnalysis
BitMine added 10.46K ETH worth $19.48M through FalconX, lifting its holdings above 4.8% of total supply and confirming its status as the largest public Ethereum treasury.
With ETH trading at $1865.84 on the 4h chart, price tests the lower Bollinger band support at $1866.25 while the MACD death cross and EMA50 resistance at $1899.17 keep the structure bearish, pointing to further downside before any rebound in ETH price prediction scenarios during this crypto market phase.
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