Bitmine: Buys 20,000 ETH via FalconX

Bitmine acquired another 20,000 ETH for $35.85 million through FalconX, moving closer to its 5% Ethereum supply target and leaving a remaining gap of 380,000 ETH worth $680 million.

Price action on the 4h chart shows ETH at $1796.01 holding above the EMA50 support at $1727.4 while testing upper Bollinger resistance at $1864.34, with MACD golden cross confirming bullish momentum and RSI at 62.43 leaving room before overbought conditions trigger any pullback to the 50-EMA.