Bitmine: Stakes 5,760 ETH Worth $11.9M | Flash News Detail | Blockchain.News
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5/27/2026 3:01:00 AM

Bitmine: Stakes 5,760 ETH Worth $11.9M

Bitmine: Stakes 5,760 ETH Worth $11.9M

Bitmine stakes 5,760 ETH ($11.9M) and now holds 4,718,677 ETH ($9.76B) in staking amid bearish ETH price action.

Source

Analysis

Bitmine just staked another 5,760 ETH valued at $11.9M, lifting its total to 4,718,677 ETH ($9.76B) according to on-chain data.

Price sits at $2076.6 inside the Bollinger band with lower support at $2069.43 while EMA50 at $2119.61 and EMA200 at $2210.99 act as stacked resistance; the MACD death cross at -7.65 keeps the 4h structure bearish even as RSI at 42.35 shows neutral momentum. Large-scale Ethereum staking flows like this often coincide with accumulation phases that later influence ETH price prediction models once the death cross resolves.


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