深潮 TechFlow
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He spent billions buying Ethereum, saying $4,000 is the bottom
Written by: Lin Wanwan, Rhythm
Editor’s Note: BitMine recently increased its Ethereum holdings to 1.5 million coins, totaling approximately $6.6 billion, briefly surpassing SharpLink to become the world's largest ETH treasury. However, alongside the decline of ETH, the company's stock price also came under pressure. Meanwhile, leader Tom Lee predicts that the ETH price may first drop to $4,075 before rebounding to $5,100. Thus, a key question arises: why has the pricing power of Ethereum shifted to Wall Street capital? In this regard, Rhythm BlockBeats previously provided a tentative answer in an article on August 12.
Editor’s Note: BitMine recently increased its Ethereum holdings to 1.5 million coins, totaling approximately $6.6 billion, briefly surpassing SharpLink to become the world's largest ETH treasury. However, alongside the decline of ETH, the company's stock price also came under pressure. Meanwhile, leader Tom Lee predicts that the ETH price may first drop to $4,075 before rebounding to $5,100. Thus, a key question arises: why has the pricing power of Ethereum shifted to Wall Street capital? In this regard, Rhythm BlockBeats previously provided a tentative answer in an article on August 12.
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