Ethereum is being crazily accumulated by top institutions! Bitmine is spending $70 million to buy 20,000 ETH, could this be a signal of the bull market?

Breaking! Ethereum (ETH) is being "snapped up" by giants! Just this morning, Bitmine, the largest institutional holder of Ethereum, made another move, purchasing 20,205 ETH in one go from Coinbase and FalconX, worth up to $69.89 million! Meanwhile, a mysterious whale address also bought 4,009 ETH (worth $13.76 million) from Galaxy Digital, causing market sentiment to soar!

Bitmine continues its crazy buying spree, accumulating nearly 20%! This is not just ordinary trading, but a strategic layout by top institutions! Despite recent macro pressures causing ETH to pull back, Bitmine keeps buying the dips, with large off-exchange transfers happening continuously, clearly indicating an intention to buy low! This releases a strong signal: institutions are confident in the long-term value of ETH!

The critical psychological level is approaching! Currently, ETH is fluctuating around the support level of $3,500, and the next step will face the strong resistance area of $4,000! If institutions continue to increase their positions, ETH is likely to welcome a new round of explosion! Traders must keep a close eye on these two key price levels; once broken, the market may restart!

Are you ready for the upcoming market? $ETH $BTC $SOL #加密市场回调