Bitmine: Buys 25,000 ETH from BitGo for $41M

Bitmine, the vehicle tied to Tom Lee of Fundstrat, purchased another 25,000 ETH ($41.09 million) from BitGo eight hours ago, lifting its three-day accumulation to 125,000 ETH ($206 million).

ETH sits at $1624.14 beneath the EMA50 resistance at $1706.42 in a bearish structure, yet the MACD golden cross at -15.3 hints at building momentum; price hugging the upper Bollinger band at $1710.49 raises the odds of a quick pullback toward the $1606.72 lower band before any extension higher.