Bitmine: Tom Lee Adds 52K ETH as Unrealized Loss Hits $9.5B

Bitmine controlled by Tom Lee of Fundstrat purchased another 52,203 ETH for $92 million last week, lifting total holdings to 5,672,956 tokens valued at $10 billion.

The average acquisition price sits near $3,440, creating an unrealized loss exceeding $9.5 billion at the prevailing $1,764 level.

Price action on the 4-hour chart shows ETH testing upper Bollinger resistance at $1,767.48 while the RSI(14) at 59.2 remains neutral and MACD registers a bullish golden cross; with the EMA50 at $1,729.95 acting as immediate support beneath current levels and the EMA200 at $1,864.63 capping upside, a measured pullback toward that 50-EMA confluence appears likely before any sustained continuation higher.