Does He Know Something We Don’t? Will ETH Hit A New High?
Tom Lee and his Ethereum bet is back in the headlines this time on reports of a fresh $281 million buy that has crypto traders asking what he sees next for ETH.
Tom Lee’s BitMine Immersion reportedly bought 72,898 ether, worth about $281 million, within the last 24 hours.
BitMine’s Ethereum holdings have risen to 3.03 million ETH, about 2.5% of the total circulating supply, after adding roughly 202,000 tokens since Oct. 6.
Analysts noted there are no visible transaction hashes, wallet addresses, or regulatory filings to verify the purchase. BitMine has not commented publicly on the claim.
According to Coingecko data, Ether traded around $3,830 to $3,870 on Friday, posting slight daily gains of +0.8% yet still below its…
