Ethereum Price Prediction: Tom Lee Is Back Buying ETH as BitMine Approaches 5% Supply
Tom Lee isn’t slowing down, his led BitMine Immersion Technologies simply executed its largest single ETH buy of the 12 months, supporting their value prediction for Ethereum. The agency added 111,942 ETH value greater than $237 million in a single week, pushing whole holdings to five,390,404 ETH, now valued at round $11.4 billion.
BitMine now controls 4.4% of the circulating ETH provide, inserting the agency 88% of the best way towards its publicly acknowledged 5% goal. Lee, who serves as BitMine’s chairman, had not too long ago signaled the agency may ease its buy tempo to keep away from hitting 5% too quick, then circled and purchased the dip anyway.
“We proceed to anticipate a supercycle forward for crypto and Ethereum, pushed by the twin drivers of Wall Street tokenization and agentic-AI,” he mentioned in a press release.
Now, can institutional balance-sheet shopping for alone maintain a structural value ground?
($HYPER) is without doubt one of the extra technically differentiated presales within the present cycle. It’s positioned as the primary Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second finality and sensible contract capabilities whereas inheriting Bitcoin’s safety mannequin.
The pitch isn’t speculative narrative; it’s a direct reply to Bitcoin’s three core limitations: gradual transactions, high charges, and near-zero programmability.
The presale has raised $32 million at a present value of $0.0136 per $HYPER, with staking out there at high APY. The Decentralized Canonical Bridge handles BTC transfers natively throughout the L2. Capital rotation into the challenge has been regular, in keeping with urge for food for Bitcoin-adjacent infrastructure at early entry.
Research Bitcoin Hyper earlier than committing capital.
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BITMINE JUST MADE ITS BIGGEST ETH BUY THIS YEAR