Bitmine: Stakes 150120 ETH into Ethereum

Bitmine deposited 150120 ETH worth $280 million into Ethereum staking two hours ago, bringing its total holdings to 5.7978 million ETH with 87% or 5.0673 million ETH now generating yields at 2.66% APR for an estimated 134800 ETH or $250 million annually.

ETH price prediction models must account for current price action at $1853.03 sitting below the EMA50 resistance at $1878.48 yet above the EMA200 support at $1830.7, while Ethereum staking yields continue to attract institutional flows amid crypto market volatility; the MACD golden cross at -8.46 signals building momentum even as RSI at 44.73 stays neutral and price remains inside Bollinger bands with upper resistance at $1889.4 and lower support at $1834.72.