Reported 1 day ago
Tom Lee made headlines by reportedly purchasing $281 million worth of Ethereum, raising questions about his market insights and ETH's potential for new highs. His firm, BitMine, acquired 72,898 ether, bringing its total holdings to 3.03 million, despite lacking verification details. Analysts note that while ETH is currently under pressure, strategic accumulation during dips could position Lee and others for long-term gains. Market observers highlight critical liquidity zones that may dictate Ethereum's next move, with predictions suggesting a potential rebound could push ETH towards $5,000 by early 2026.
Source: YAHOO