BitMine: Stakes $53.88M ETH via Coinbase Prime
BitMine staked 28.8K ETH worth $53.88M through Coinbase Prime, now controlling 4.8% of Ethereum supply and closing in on its 5% target as the largest public ETH treasury.
SourceAnalysis
BitMine just staked 28.8K ETH valued at $53.88M through Coinbase Prime, pushing its holdings to 4.8% of Ethereum’s 120.7M total supply and 96% toward the 5% accumulation goal.
With price at $1867.23 testing the EMA50 resistance at $1879.78 while the EMA200 at $1830.75 offers clear support, the neutral RSI at 48.54 and MACD golden cross signal building momentum inside the Bollinger Bands bounded by $1890.32 resistance and $1835.99 support; a measured pullback to the 50-EMA looks probable before any sustained push higher amid ongoing ETH staking volume and Ethereum treasury accumulation flows.
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