BitMine Acquires 203.8k ETH as Ethereum Shows Midterm Bullish Signals

Ethereum is retesting a key support level near $3,900 after failing to break above $4,000 recently. On-chain data show BitMine acquired approximately 203.8k ETH last week. Whale demand and technical indicators suggest potential upside. Ethereum-based investment products recorded $205 million in net inflows last week.