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BREAKING: Bitmine stacking ETH like it’s going out of style, $82.1 million worth – Bulls hoping for $3,000 comeback
Market turbulence triggers panic selling, driving Ethereum’s value down by 45% to $2,800: Bitmine’s aggressive accumulation of 28,
Ethereum struggles to maintain $2,800 after a 45% value drop, leading to bearish sentiment. Bulls seek solid support, but lacking buyer response increases uncertainty. Tom Lee’s Bitmine continues aggressive ETH purchases despite market fear, indicating confidence in long-term value. Bitmine’s accumulation signals potential market stabilization or reversal, especially if ETH reclaims $3,000. Weekly chart shows ETH at crucial support near $2,800, a key level for long-term structural strength. Breaking above $3,000 could signal recovery; failure may lead to further correction risk.
Bitmine scoops up another 28,625 Ethereum ($82.1 million) as market bleeds – Details
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