Wall Street Bull Tom Lee: Ethereum is Repeating the Eve of Bitcoin's Rise [Plain Language Introduction] Bitmine, founded by Tom Lee, has accumulated 833,000 Ethereum in less than a month, representing nearly 1% of the total supply. The company aims to rival MicroStrategy, which holds 5% of Ethereum. Lee believes Ethereum is recreating the eve of Bitcoin's 2017 surge, driven by Wall Street's recognition of its potential for financialization and artificial intelligence. Bitmine is rapidly accumulating Ethereum through high liquidity, compliant operations, and staking returns, pursuing scarcity and long-term value. Lee predicts that Ethereum's price could reach $7,000-15,000 in the short term, with long-term potential exceeding Bitcoin. He emphasizes its unique advantages as the core of blockchain financialization, while denying the risk of a bubble in Treasury companies, stating that the market is far from reaching its peak. For more information, see: hellobtc.com/kp/du/08/5998.htm...…
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