Ethereum Price Eyes $7,000 by Q4 as Bitmine Accumulates $281M ETH — Will History Repeat Itself?

The Ethereum price has risen 2.74% in the past 24 hours to trade at $3,892.28. A market analyst believes Ethereum is mirroring a previous rally that led to massive gains earlier this year. At the same time, institutional interest continues to grow as whales and asset managers expand their exposure to $ETH. Bitmine has notably added a significant amount of $ETH to its treasury, strengthening accumulation signals.