Bitmine: Buys 9,946 ETH for $19.38M

Bitmine, tied to Tom Lee of Fundstrat, purchased 9,946 $ETH ($19.38M) last week and now controls 5,787,414 $ETH ($11.28B), including 4,917,189 $ETH ($9.58B) staked.

Price action on the 4h chart shows ETH trading at $1955.33 inside a bullish structure anchored by EMA50 support at $1896.16 and EMA200 at $1810.7, while MACD registers a golden cross at 17.55; with price pressing upper Bollinger resistance at $1975.21 and RSI at 67.99, a measured retracement toward the 50-EMA appears likely before continuation, informing ETH price prediction and institutional ETH accumulation patterns in ongoing crypto market analysis.