Bitmine: Wallets Withdraw 35,138 ETH From Exchanges

Bitmine appears behind two fresh wallets that withdrew 35,138 ETH ($58.39M) from BitGo and Kraken on June 23.

Price action on the 4h chart shows ETH at $1670.13 inside the Bollinger Bands with the EMA50 at $1716.02 acting as immediate resistance and the EMA200 at $1854.01 capping any recovery; the MACD death cross at -16.5 keeps the structure bearish while RSI at 37.97 leaves room for further downside toward the lower band support at $1645.89 before any bounce attempt.