Ethereum price forecast as BitMine buys 126,971 ETH: has ETH bottomed?

BitMine tripled its weekly ETH buy to 126,971 tokens, now holding 4.59% of supply. Only 11% of ETH supply is in threefold profit, the lowest reading since Feb 2017. A weekly close below $1,500 could push ETH toward the $1,000 support zone. The Ethereum price dropped to a low of $1,522 last week before bouncing […] The post Ethereum price forecast as BitMine buys 126,971 ETH: has ETH bottomed? appeared first on CoinJournal.

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