Bitmine: Buys 7.5K ETH From BitGo for Treasury

Bitmine linked wallet bought 7.50K ETH (~$14.61M) from BitGo at address 0x95dE268E950E582A239E350A800C050882612c44, lifting its treasury above 4.8% of Ethereum supply in a move that echoes Tom Lee's aggressive accumulation strategy.

Price action on the 4h chart shows ETH at $1880.83 inside the Bollinger band with upper resistance at $1975.65; neutral RSI at 43.44 and bearish MACD death cross point to a likely test of EMA50 support at $1895.76 before any continuation, shaping near-term ETH price prediction amid crypto market crash fears and AI industry impact on institutional flows.