Major Move in the Ether Market: Tom Lee's Bitmine has been aggressive, accumulating $132 million worth of ETH over the past seven days. The fund now commands an impressive $12.24 billion in Ethereum holdings, backed by $1 billion in cash reserves. What's particularly interesting is that Bitmine currently controls 3.39% of total ETH supply. If they're aiming to push that stake up to 4% at today's prices, they'd need to deploy another $2.2 billion into Ethereum. This kind of institutional buying pressure signals serious conviction in the asset's direction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
GateUser-addcaaf7
· 01-02 13:51
Whoa, Tom Lee is stockpiling again? Is he giving us a signal lesson?
View OriginalReply0
RektCoaster
· 01-02 11:25
Tom, is this guy really serious or just trying to accumulate... What can 2.2 billion do anyway?
Investing 2.2 billion USD? That must mean they're really optimistic. I wouldn't dare.
Institutions bottom-fishing? Alright, let's see if it drops first.
Wait, 3.39% control... That's a bit scary, isn't it?
This is what they call "a game for the wealthy," folks. Retail investors get the shaft.
Feels like they're paving the way for the next bag-holder, doesn't it?
View OriginalReply0
PumpDetector
· 2025-12-30 16:46
yo tom lee loading the bags again... 3.39% is NOT a joke when you're reading the chart. that $22b gap to 4%? smells like someone knows something we don't, ngl. seen this movie before since mt gox times and institutional flow like this doesn't lie 👀
Reply0
EternalMiner
· 2025-12-30 16:41
Wow, Tom Lee is once again stockpiling ETH, pouring in 2.2 billion without blinking. Is he genuinely optimistic or just saving a big move?
View OriginalReply0
AlgoAlchemist
· 2025-12-30 16:38
Damn, Tom Lee is stacking ETH again. Is he sending us a signal?
Major Move in the Ether Market: Tom Lee's Bitmine has been aggressive, accumulating $132 million worth of ETH over the past seven days. The fund now commands an impressive $12.24 billion in Ethereum holdings, backed by $1 billion in cash reserves. What's particularly interesting is that Bitmine currently controls 3.39% of total ETH supply. If they're aiming to push that stake up to 4% at today's prices, they'd need to deploy another $2.2 billion into Ethereum. This kind of institutional buying pressure signals serious conviction in the asset's direction.