Ethereum Price Holds Strong Above $4,000 as BitMine Buys the Dip According to Arkham Intelligence

Ethereum (ETH) continues to maintain its position above the crucial $4,000 price level. Market intelligence platform Arkham has reported that BitMine, associated with Tom Lee, is actively accumulating ETH during recent price corrections. This significant buying activity from institutional players indicates strong confidence in Ethereum's long-term value proposition amid current market conditions. The ETH price stability above key psychological levels combined with institutional accumulation suggests potential for continued upward momentum in the cryptocurrency market.