$ETH New forecasts for Ethereum

In a recent interview, Tom Lee, who is also the chairman of B*****e, stirred excitement in the community with his statement. He predicted that #Ethereum could reach $5,500 in just a few weeks and rise to $10,000–$12,000 by the end of the year.

This is not just another optimistic forecast. It is a statement from an influential figure linked to BitMine's large-scale ETH treasury strategy.

Lee explains his forecast with two key factors:

Firstly, institutional purchasing power is increasing (through ETFs, staking, and corporate treasuries).

Secondly, the supply of Ethereum is becoming more scarce.

At the institutional level, B*****e is aggressively accumulating ETH. Data shows that B***o transferred 95,800 ETH from its custodial wallet to six new wallets, presumably linked to B*****e.

Active accumulation has allowed B******e to increase its Ethereum reserves to billions of dollars. As a result, the company has become the largest ETH treasury in the world.

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A supply shortage looms over ETH.

When such a large organization consistently accumulates assets, it affects the balance of supply and demand.

Many on-chain analysts warn that Ethereum is approaching a 'supply shortage'.

Balances on exchanges are falling to record lows. Meanwhile, the amount of ETH locked in staking and burned through EIP-1559 continues to grow.

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“Six months ago, there was no ETH treasury. Today they hold over 3.3 million ETH, worth over $14.5 billion. This is 2.75% of the total existing locked volume of ETH. The supply shortage of Ethereum is real,” commented Lark.

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Analysts are also monitoring the ETH/BTC ratio. Many expect this pair to soon break the trend established in 2017.

Such a breakthrough could mark the beginning of a powerful growth with targets ranging from $10,000 to $15,000. This further strengthens Tom Lee's confidence that Ethereum may be on the verge of an unprecedented rally.

However, these forecasts for Ethereum should be considered as possible scenarios rather than guarantees. To reach such levels, several factors need to align.

This is a steady influx of institutional investments, a favorable macroeconomic situation without significant liquidation pressure, and most importantly, the absence of sudden liquidity shocks due to large wallets taking profits. As recently reported by B********o, 98% of the ETH supply is currently in profit, which poses a potential risk of a sell-off.