Bitmine: Receives 51,000 ETH From FalconX, BitGo

Bitmine (BMNR) received 51,000 ETH worth $126 million from FalconX and BitGo one hour ago, moving the tokens into its corporate wallets.

The transfer aligns with Bitmine's announcement last night that it purchased 53,500 ETH the prior week, marking another step in building the world's premier Ethereum treasury.

On the 4h chart ETH sits at $2476.28 inside the Bollinger Bands, testing upper resistance at $2498.59 while the MACD golden cross at 2.38 keeps the bullish structure intact and RSI at 53.34 leaves room before overbought conditions. Price holds above the EMA50 support at $2429.62 and the deeper EMA200 at $2177.82, suggesting any pullback would likely find bids at the 50-EMA before continuation higher. Corporate Ethereum treasury strategies and large ETH transfers impact continue to shape flows alongside broader BTC market moves.