Bitmine: Buys 6000 ETH From FalconX for $11.18M

Bitmine, the vehicle tied to Tom Lee of Fundstrat, purchased another 6000 ETH worth $11.18 million from FalconX seven hours ago.

Price sits at $1873.49 inside the Bollinger Bands with upper resistance at $1886.93. The 4h structure remains bullish as EMA50 holds at $1789.09 and EMA200 at $1756.06. MACD shows a golden cross at 21.3 while RSI(14) at 67.4 stays neutral, suggesting continuation toward the upper band before any pullback to the 50-EMA support. This institutional flow aligns with ongoing ETH price prediction models that factor large OTC prints from prime brokers like FalconX.