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Tom Lee keeps accumulating ETH
BitMine announced its ETH holdings have reached 4,371,497 ETH (~$8.7bn) — roughly 3.62% of total supply.
🟠 Average acquisition price — $1,998.
🟠 Available cash for further purchases — $670m.
🟠 Acquired last week — 45,759 ETH (~$91m).
🟠 Staked — 3,040,483 ETH (~$6.1bn).
Such concentration reduces circulating liquidity and strengthens institutional exposure to Ethereum’s supply dynamics.
$ETH
{spot}(ETHUSDT)