Bitmine, SharpLink: Accumulate 66,280 ETH for $104.9M

Bitmine and SharpLink purchased a combined 66,280 ETH worth $104.9M during the June 22-28 window, while Strategy skipped all BTC acquisitions and only two firms added 282 BTC for $16.65M total.

Stablecoin market cap contracted $2.33B amid the same period. With price testing upper Bollinger resistance at $1599.04 while RSI sits at 41.04, a healthy retracement to the 50-EMA support at $1619.14 looks probable before further continuation on the 4h chart. Institutional ETH accumulation patterns and ETH price prediction models now factor these flows directly into stablecoin market trends and broader crypto market crash scenarios.