Tom Lee needs to purchase an additional 4.3 million ETH to reach a 5% Ethereum supply target
According to reports from CryptoISO, Tom Lee currently holds 1.7 million ETH. To achieve the goal of holding 5% of the supply, he needs to purchase an additional approximately 4.3 million ETH. At the current price, this transaction would require about $19.5 billion; however, when the ETH price approaches $4,200, the cost will decrease to about $18.2 billion. Although the purchases will be made in a decentralized manner, they may provide price support. It is estimated that the daily trading volume of Ethereum ranges between $30 billion to $50 billion.