Renowned market analyst Tom Lee recently stated that Ethereum has reached the bottom area, and this view has been confirmed by actual actions.



According to the latest data, Lee's investment fund BitMine has recently made a significant move into Ethereum, purchasing a total of 24,266 ETH with a total investment of $75 million. This transaction is substantial, and the market interprets it as a clear bullish signal — after all, in the current market environment, large-scale institutional accumulation usually reflects investors' genuine attitude towards the future market.

From a price perspective, the cost basis for this accumulation is approximately $3,090 per ETH. Whether this position truly marks the bottom will be answered by the upcoming market trend. But in any case, such trading activity indicates that professional investors are actively positioning themselves in the Ethereum ecosystem, preparing for a possible rebound.

As the second-largest crypto asset, Ethereum's price movements often reflect the overall Web3 market expectations. Large institutional accumulation usually does not happen without reason, and is often based on a comprehensive judgment of technical and fundamental factors.
ETH1,33%
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TokenVelocityTraumavip
· 23h ago
Tom Lee is at it again, always saying the bottom has been reached. And what happened? We just threw in 75 million, let's see what happens next.
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ProtocolRebelvip
· 23h ago
75 million invested... Is it really that confident?
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BridgeTrustFundvip
· 23h ago
75 million invested, this guy really believes it.
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RugDocDetectivevip
· 23h ago
Speaking of Tom Lee's recent actions, is he really making moves or just cutting the leeks again... --- Spending 75 million, is it bottom fishing or bag-holders? We'll see later. --- Institutional large-scale accumulation = bullish signal? We've heard this line so many times, how many retail investors have been harvested. --- At the 3090 price level, is it really the bottom? Feels like it could go lower. --- If you believe in it, just believe. Don't always try to impress with "professional judgment." --- Talking about reaching the bottom, I feel there's still room to decline. --- BitMine really put in real money this time, it's quite interesting.
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AirdropHunterZhangvip
· 23h ago
Buddy, is Tom Lee really going all in this time or is he just trying to cut the grass again? Buying the bottom with 75 million, it sounds just like every time I say "This time it's really the lowest point"... but you know how it is. Getting your investment back is a distant dream, but judging by the actions of the institutions, it really looks like they’re quietly making a fortune. If the price of the 3090 drops any further, we’ll be completely wiped out. But on the other hand, they’re using institutional funds, while we’re just freeloading on airdrops. Can it be compared? Wait, can we have a thin crust this wave...
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PumpDetectorvip
· 23h ago
ngl tom lee calling bottoms always makes me nervous... seen this movie before tbh
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GasFeeBarbecuevip
· 23h ago
75 million USD invested, this guy is really not joking.
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