Ethereum price today: $2,320
- BitMine bought 26,659 ETH last week, its lowest weekly acquisition since unveiling its treasury strategy last June.
- Thomas Lee says that ETH would confirm that a “crypto spring has arrived” if it closes May above $2,100.
- ETH bears are leveraging the 100-day EMA and $2,388 resistance as key distribution levels.
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) purchased 26,659 ETH last week, taking its holdings of the top altcoin to 5.2 million ETH. However, that figure represents its lowest weekly acquisition since becoming an ETH treasury last June.
“We have decided to slow down our pace of weekly accumulation from >100,000 per week as we originally targeted reaching the ‘alchemy of 5%’ target…
