Bitmine purchased another $69 million of ETH, with Tom DeMark expecting price uptrend to soon resume

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Bitmine purchased another $69 million of ETH, with Tom DeMark expecting price uptrend to soon resume

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Bitmine buys another $69 million of ETH, pushing its treasury toward a seven‑week target to meet the firm’s accumulation goal, according to Tom DeMark, who expects the price uptrend to resume soon; the fresh inflow signals strong institutional confidence, potentially boosting Ethereum’s market momentum and supporting broader bullish sentiment across the crypto sector.

At the latest purchase pace, Tom Lee's Ethereum treasury firm could reach its crypto accumulation goal in another seven weeks.