Bitmine: Wallets Take 40000 ETH from Kraken
Bitmine wallets receive 40000 ETH worth $71.62M from Kraken and FalconX at $1771.8 with RSI 53.78 and MACD death cross.
SourceAnalysis
Bitmine controls two fresh wallets that just absorbed 40000 ETH valued at $71.62M from Kraken and FalconX. Price sits at $1771.8 inside the Bollinger band with upper resistance at $1800.77 and lower support at $1755.61. The structure remains bullish above EMA50 support of $1729.35 yet the MACD death cross at 16.52 signals fading momentum while RSI at 53.78 stays neutral. This accumulation shapes near-term ETH price prediction as institutions sidestep crypto market crash risks through measured buying and accelerates institutional crypto accumulation ahead of any volatility spike.
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