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“ETH on sale, whales stacking up 🚀💸! Tom Lee bullish AF on ETH as Bitmine doubles down, eyeing $5
eth go brrrrr 🚀💥📈 whale wars at $5k?! ai n instos loving eth 🤖
bitmine doubling ETH holdings for AI growth and institutional interest: 🚀
whale sales could cap at $5,000; Bitmine now
Key points to remember:
Why did Bitmine double his ETH holdings? Lee sees ETH as a key asset due to AI growth and institutional interest. Will ETH’s price rise? Possible, but whale sales could stall at $5,000. Bitmine now holds $13.2 billion in Ethereum, making it the second-largest crypto business. Tom Lee believes ETH is the top trade of the decade, aiming for 5% of the total ETH supply.
Bitwise CEO praised Bitmine’s rapid ETH accumulation. ETH assets now total 5.66 million, worth $26.45 billion. Despite slowing ETF entries, the overall demand for crypto assets may boost ETH prices. An ETH supply crisis is looming, with a significant reduction in available supply, hinting at potential price support.
“Ethereum at a reduced price,” said Tom Lee after ETH transports $ 13 billion per Bitmine
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