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BitMine’s $173M Ethereum Bet Defies Market Gloom—Tom Lee Points to Liquidity Crunch

BitMine’s $173M Ethereum Bet Defies Market Gloom—Tom Lee Points to Liquidity Crunch

Author:
tipranks
Published:
2025-11-17 16:53:24

Institutional whale BitMine just dropped a $173 million vote of confidence in Ethereum—right as crypto markets hit a liquidity drought.

Why this matters: The move comes amid what Fundstrat's Tom Lee calls a 'structural liquidity crunch' squeezing digital assets. While retail traders panic, big money's stacking ETH at fire-sale prices.

The cynical take: Wall Street always buys the dip—after shorting it first. But when a single trade could move markets, maybe they know something the rest of us don't?

|Square

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