๐ข $ETH to $20K? BitMEX Co-Founder Makes a Bold Prediction
The co-founder of BitMEX has made a headline-grabbing call, suggesting Ethereum could surge to $10Kโ$20K this cycle. With $ETH already breaking its previous all-time high near $4,800 โ a move that wiped out nearly $388M in liquidations โ the marketโs clearly heating up.
His reasoning? Itโs straightforward: more money printing on the horizon, a softer Fed stance, and institutions aggressively accumulating ETH. Spot ETFs now control over 5% of the total supply, and major treasuries are holding upwards of $10B in ETH. With shrinking supply and rising demand, his bullish stance starts to make sense.
Personally, $20K feels like a stretch โ but $10K? If momentum keeps building, thatโs starting to look realistic. And if liquidity floods in? ETH has a history of exceeding expectations.