Bitmine: Tom Lee Adds 76,881 ETH for $135M

Bitmine under Tom Lee acquired another 76,881 ETH for $135M, lifting total holdings to 5,620,754 ETH worth $9.92B. Institutional Ethereum buying of this scale often precedes shifts in ETH price prediction models and crypto market trends. On the 4h chart ETH sits at $1816.39 inside a bullish structure with EMA50 support at $1708.34 and EMA200 resistance at $1908.3; MACD golden cross at 35.96 confirms trend strength while RSI at 71.76 flashes overbought near the upper Bollinger Band of $1823.69, pointing to a probable healthy retracement toward the 50-EMA before continuation.