The big players are here! Wall Street is serious this time, traditional financial institutions are quietly pouring money into the crypto space!
BitMine's new leader Lee has dropped a bombshell: $ETH has become the new darling of banks thanks to its non-stop technology and legal advantages!
Now with ETH priced at $3,700, they calculate the fair price should be $15,000. $BTC is even more aggressive, predicting that a rate cut from the Federal Reserve could push it to $250,000! The market hasn't even reacted to this wave of institutional moves!
BitMine itself holds 625,000 ETH, with total assets nearing $2.8 billion and almost no liabilities. They've even approved a $1 billion stock buyback plan, aiming to accumulate 5% of the total Ethereum supply!
Bitcoin is now priced at over $113,000 and has become a target for institutional buying. Lee is even bolder, claiming that if the Federal Reserve starts cutting rates in the coming months, Bitcoin could soar to $250,000! He has calculated that Ethereum's fundamental value is $15,000, and it's only $3,500 now, the price difference is outrageous.
The key point is that the entry of institutions is something the market is not paying enough attention to. By the time they realize it, the crypto space might undergo a significant change.
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