2026-01-17 07:32:57

There's an interesting market trend worth paying attention to—Tom Lee's BitMine fund recently purchased $65.4 million worth of Ethereum in one go. Now, their total ETH holdings have expanded to $13.9 billion.

This number actually reflects quite a few things. In the eyes of institutional investors, Ethereum's position as a smart contract platform still seems solid. Especially in the current market volatility, such large holdings are often seen as a way to express confidence in the future market direction.

In terms of holdings size, BitMine clearly considers Ethereum an important asset allocation. This also indicates that, in the logic of crypto asset allocation, mainstream institutions still maintain a significant level of interest in Ethereum.

ETH0,46%

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GlueGuy

· 17h ago

13.9 billion? Tom Lee's move shows he's really optimistic about the market outlook. This signal of institutional bottom-fishing is quite interesting; some people still recognize ETH.

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nft_widow

· 17h ago

$13.9 billion ETH holdings, you must be very confident in yourself. Is Tom Lee betting that Ethereum can turn around? --- $65 million buy-in, sounds like a lot, but compared to $13.9 billion... it's just so-so. Are they continuously adding to their position or are they really optimistic? --- What does this move by the institutions indicate? It’s nothing more than a belief that ETH still has potential, but I really want to know when they will exit. --- Sturdy? That’s a nice way to put it. I just want to see if the bear market can still hold up, don’t just run away after one wave. --- If you're allocating assets here, if you’re really optimistic, you should go all in. This move feels more like a test.

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ZenChainWalker

· 17h ago

$13.9 billion worth of ETH holdings, Tom Lee is really optimistic. I think he's playing a big game here. --- It's another big institution accumulating, this rhythm feels a bit familiar. --- Wow, $65.4 million bought in one go. You must be very confident about the future market to do this. --- Institutions are still buying, indicating that no one can shake Ethereum's position. --- Wait, are these really recent purchases? The market signals seem to have changed. --- This $13.9 billion figure, BitMine is treating ETH like cheap cabbage, haha. --- Even now, adding to positions. Big investors are very steady-minded. Retail investors should learn from this.

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SmartContractRebel

· 17h ago

$13.9 billion worth of ETH holdings, is Tom Lee really that optimistic, or is he just hedging? --- $65.4 million poured in all at once, this move... what are the institutions hinting at? --- BitMine's recent actions are quite interesting, it feels like the market bottom signals are becoming more and more obvious. --- Pulling in so much ETH, do the big players think there’s still hope for smart contract platforms? I feel like they might be over-betting. --- A holding volume of $13.9 billion... does this number really represent anything, or is it just pure FOMO? --- Tom Lee's team is buying again, should we follow or run away, everyone? --- Institutions always act a step ahead of retail investors; will they get caught again this time?

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NFTArchaeologist

· 18h ago

$65.4 million? Tom Lee really dares to spend, with 13.9 billion taking off directly. But to be fair, institutions are really treating ETH as a cash cow in this move.

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