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#BitMine单周买入超11万枚ETH The super cycle is about to arrive
Tom Lee remains firmly bullish on the next phase of crypto. He believes the crypto market is approaching a new “super cycle,” and within this cycle, the truly core beneficiary assets are likely still Ethereum. In his view, the two most critical themes behind this market move are becoming increasingly clear:
① Asset tokenization driven by Wall Street
② Growth in on-chain demand driven by AI Agent, especially asset tokenization.
As ETFs, stablecoins, US stock tokenization, and RWA continue to advance, more and more traditional financial assets are starting to migrate on-chain. And the underlying layer that can ultimately capture this value is most likely the Ethereum ecosystem. Tom Lee even believes that the previous major sell-off in ETH, in essence, gave the market a good opportunity to reposition itself. Another notable data point is: the current amount of Ethereum staking has already exceeded 39.2 million ETH, representing about 32% of the total supply. This means more and more ETH is being locked up for the long term. While supply continues to decrease, institutions are still adding to their positions. For example, Bitmine added another 111,942 ETH last week,
and its holdings are now close to 4.47% of Ethereum’s total supply. Many in the market are still discussing why ETH is “rising slowly.” But perhaps the real question is: once Wall Street starts moving real-world assets onto the chain,
will there be any other public chain that can support this portion of financial trust the way Ethereum does? $ETH