Ethereum price today: $2,150
- BitMine lifted its holdings to 4.66 million ETH last week.
- BitMine Chairman Thomas Lee said the crypto winter may be nearing its end, citing ETH’s outperformance despite the Iran war and progress on the CLARITY Act.
- ETH faces resistance at the 50-day EMA amid recovery attempts.
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) has continued its weekly accumulation of the top altcoin.
The firm acquired 65,341 ETH last week, pushing its total holdings to 4.66 million ETH. The move marked its largest purchase since December despite tensions from the ongoing Middle East crisis.
“BitMine has maintained the increased pace of ETH buys in each of the past three weeks, as our base case is [that] ETH is…
