Markets· ★★★· bullish·

Tom Lee sees Ethereum at $25K-$50K as BitMine holds 4.9% of supply

  • —BitMine holds 6,016,414 ETH, 4.9% of supply, worth about $16.4 billion
  • —5,067,309 ETH are staked, generating an estimated $363 million a year
  • —BitMine targets 5% of total Ethereum supply under its Alchemy of 5% strategy
  • —US spot Ethereum ETFs saw $407.9 million in net outflows over six sessions
Why it matters: The forecast comes from Ethereum's largest corporate holder, raising conflict-of-interest questions, while ETF outflows highlight a split with institutional demand.
Source: Bithub