Bitmine: Down $8.9B on 5.4M ETH Holdings
Bitmine loses $8.9B on 5,416,901 ETH at $10.03B while Strategy drops $7.6B on 843,706 BTC; ETH price prediction points to further downside amid crypto market crash signals.
SourceAnalysis
Bitmine sits down $8.9B on its 5,416,901 ETH position now valued at $10.03B, while Strategy posts a $7.6B loss on 843,706 BTC holdings marked at $56.26B.
ETH price prediction models now factor in the 4h chart where price at $1834.06 tests the lower Bollinger support of $1868.1 beneath both the EMA50 resistance at $2009.55 and EMA200 at $2147.03, with RSI at 18.41 flashing oversold conditions and MACD at -36.99 locking in the death cross that aligns Bitcoin holdings performance with broader crypto market crash pressure.
Lookonchain
@lookonchainLooking for smartmoney onchain