Bitmine: Buys 101K ETH in Record Week | Flash News Detail | Blockchain.News
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4/20/2026 12:33:00 PM

Bitmine: Buys 101K ETH in Record Week

Bitmine: Buys 101K ETH in Record Week

Bitmine $BMNR and Tom Lee acquire 101,627 Ethereum $ETH, marking the largest weekly purchase since December amid bullish ETH trends.

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Fundstrat's Tom Lee and Bitmine $BMNR snapped up 101,627 more Ethereum $ETH last week, the biggest haul for BMNR in a single week since December, signaling aggressive accumulation as whales position for potential upside in the crypto market amid ongoing ETH price predictions and broader Bitcoin BTC hype.

Zooming into the 4-hour ETH chart, price action holds firm at $2319.13 within a bullish structure, hugging the EMA50 support at $2310.6 while the EMA200 at $2199.88 acts as a deeper floor for any pullbacks. MACD flashes a bearish death cross at -10.51, hinting at short-term exhaustion, but neutral RSI at 48.13 keeps momentum balanced—expect a test of the upper Bollinger band resistance at $2447.98 if buyers defend the lower support at $2247.09, setting up confluence for a rebound toward fresh highs in this volatile crypto landscape.


Evan

@StockMKTNewz

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