Bitmine: Tom Lee Raises ETH Stake to 4.49%

Tom Lee and Bitmine $BMNR now control 4.49% of total Ethereum supply after lifting holdings to 5,416,901 ETH from 5.39M on May 25, alongside 203 BTC, $444M cash, an $180M Beast Industries stake and $93M in Eightco. With ETH price at $1989.91 inside the Bollinger band and testing lower support near $1980.69 while EMA50 sits at $2041.25 and EMA200 at $2162.93, the MACD death cross at -13.8 signals sustained bearish pressure that could drive further tests of the band floor before any rebound. Ethereum supply concentration analysis shows institutional accumulation patterns that mirror recent Bitcoin holdings shifts, directly influencing ETH price prediction models and crypto market structure into mid-2026.