Ethereum Price Drops 7%, Bitmine Tom Lee Is Still Buying Billions Worth of ETH

Story Highlights* Ethereum drops 7% as Tom Lee blames quarter-end portfolio rebalancing, not weak fundamentals.

  • Tom Lee says Ethereum's long-term growth is supported by Wall Street adoption and AI-driven blockchain payments.
  • Bitmine now holds 5.7 million ETH worth nearly $9 billion, controlling 4.7% of Ethereum's supply.
ETH0.12%
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akirrano
· 1h ago
very good and satisfying analysis analyzing a coin is very useful for beginner traders like me
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