Bitmine: Tom Lee Entity Grabs 4.8% Ethereum Supply
Bitmine now holds 4.8% of Ethereum supply after latest ETH purchase. Current price $1908.49 with bullish EMA structure and MACD golden cross on 4h chart.
SourceAnalysis
Bitmine controlled by Tom Lee has lifted its Ethereum holdings to 4.8% of total supply following the most recent ETH accumulation.
Price action at $1908.49 remains inside the Bollinger band with upper resistance at $1909.63. The 50-EMA at $1890.51 and 200-EMA at $1862.79 continue to act as layered support while MACD registers a bullish golden cross at 4.8 and RSI sits neutral at 61.93, pointing to measured continuation rather than immediate exhaustion.
Institutional accumulation of this scale often precedes sustained moves in ETH price prediction models and Ethereum accumulation trends tracked by macro desks over the past year.
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