Bitmine: Tom Lee Stakes 4.7% Ethereum Supply

Bitmine and Tom Lee now control 4.7% of total ETH supply after lifting holdings to 5,672,956 tokens from 5.62M on June 14, alongside 204 BTC, $601M cash and stakes in Beast Industries and Eightco.

Ethereum trades at $1763.79 inside the Bollinger band with price testing upper resistance at $1767.37 while the MACD golden cross at 5.77 confirms bullish momentum and RSI at 59.05 stays neutral, pointing to a probable retracement toward EMA50 support at $1729.93 before any extension higher.