Bitmine Moves Another 12,500 $ETH
Tom Lee’s Bitmine has reportedly withdrawn 12,500 ETH, worth around $34.55 million, from Kraken.
The move adds to Bitmine’s growing Ethereum exposure, although the transfer itself does not necessarily confirm an open-market purchase.
With institutional interest in Ethereum continuing to attract attention, on-chain movements like this remain closely watched by the market.
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PORTAL long setup: the levels I'm watching
🟢 $PORTAL /USDT | Bias: LONG (Strong) | 7/12 signals aligned
Technical verdict: STRONG LONG. 7 of 12 signals aligned, 1 against.
What supports it (7):
• Daily trend: price > EMA50 > EMA200, bullish stack
• 4h trend: price > EMA50 > EMA200, bullish stack
• 1h trend: price > EMA50 > EMA200, bullish stack
• Trend strength (ADX/DI, 15m): ADX 20.8 with buyers in control (DI+ 32.4 vs DI− 13.7)
• 4h RSI: 60.2, bullish momentum (above 55)
• 1h RSI: 58.3, bul...
$ETH Short Trade
I’m looking for a short around $2,735–$2,750.
Entry: $2,735–$2,750
TP1: $2,710 |
TP2: $2,680
SL: $2,785
ETH is pulling back after rejection near $2,800. I’d keep this as a small scalp with controlled risk.