Bitmine: Buys 25,000 ETH From BitGo

Bitmine took delivery of another 25,000 ETH ($47.98M) from BitGo ten hours ago even as the broader market sells off.

Price action on the 4h chart shows ETH testing the lower Bollinger Band support at $1876.14 with RSI(14) at 20.62 in deep oversold territory and MACD locked in a death cross at -34.93; the 50-EMA at $2010.56 and 200-EMA at $2147.29 continue to act as firm resistance overhead, suggesting any bounce will likely stall before retesting those levels. Traders watching ETH price prediction models now factor in fresh institutional accumulation against crypto market crash signals while BTC dominance holds steady.