Bitmine Stakes 61K More ETH
Bitmine, linked to Tom Lee of Fundstrat, stakes another 61,232 ETH worth $142M, pushing total to 3.4M ETH amid bullish ETH price prediction trends.
SourceTom Lee of Fundstrat's Bitmine just staked an additional 61,232 ETH valued at $142 million, ramping up its total staked holdings to 3,395,869 ETH or $7.88 billion, representing 68.24% of its overall portfolio amid surging interest in Ethereum staking history and crypto market crash recovery plays.
Fundstrat's aggressive ETH accumulation echoes its long-standing bet on Ethereum's staking ecosystem, where institutional players like Bitmine dominate as one of the largest stakers, holding billions in locked assets that dwarf smaller operations and tie into broader trends like Bitcoin's BTC hype cycles.
Zooming into the 4-hour ETH chart, price action holds firm in a bullish trend with the EMA50 at $2312.48 acting as immediate support and the EMA200 at $2212.06 providing a deeper floor for any pullbacks. Momentum sits neutral on RSI at 50.77, but MACD flashes a golden cross at -5.15, signaling building upside strength. Volatility squeezes inside Bollinger Bands, with price probing the upper resistance at $2354.95 while support looms at $2273.69—confluence here suggests ETH could test that upper band exhaustion before retracing to the 50-EMA for reload, positioning savvy traders for continuation in this ETH price prediction window.
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