Wall Street big bull Tom Lee: Ethereum is replaying the night before Bitcoin's big pump.



[Plain Language Introduction] Bitmine, founded by Tom Lee, holds 833,000 Ether within less than a month, accounting for nearly 1% of the total supply, with a target to match MicroStrategy, which holds 5% Ether.

Lee believes that Ethereum is replicating the night before Bitcoin's big pump in 2017, due to Wall Street's recognition of its financialization and artificial intelligence potential. Bitmine is rapidly accumulating Ethereum through high liquidity, compliant operations, and staking rewards, pursuing scarcity and long-term value.

Lee predicts that the price of Ethereum could reach 7000-15000 USD in the short term, with long-term potential exceeding that of Bitcoin, emphasizing its unique advantages as the core of blockchain financialization, while denying the existence of bubble risks for treasury companies, stating that the market is far from its peak.

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ETH2.38%
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