Crypto Millionaire Tom Lee Continues Big Bet on Ethereum with $421 Million Purchase

fomo_fighter · 2025-12-26T19:13:27+00:00

Renowned investor Tom Lee has increased his investment in Ethereum by purchasing $421 million worth of ETH, raising his total to over $12 billion. He predicts a "super bull" cycle, expecting ETH to reach $25,000 by 2028, amidst growing institutional interest in cryptocurrencies.

fomo_fighter

2025-12-26 19:13:27

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The cryptocurrency market has just witnessed a remarkable turning point as renowned investor Tom Lee of Bitmine decided to increase his position in Ethereum. According to the recently announced information, Mr. Lee has made a purchase of $421 million worth of ETH, raising his total Ethereum holdings to an impressive figure: over $12 billion, accounting for approximately 3.4% of the total global supply.

Outlook on the “Super Bull” Cycle of the Market

This move reflects Tom Lee’s optimism regarding Ethereum’s long-term prospects. He predicts that the market is entering a “super bull” cycle, with expectations that ETH could reach $25,000 by 2028. This indicates Lee’s forecast of significant growth in the coming years, although currently Ethereum is trading at around $2.93K.

Large Capital Flows into the Cryptocurrency Market

Bitmine’s action is not an isolated case. This month, other investment funds such as Eole and ANAP Holdings have also strengthened their portfolios by adding Bitcoin to their reserves. This trend shows that major institutions are viewing the current dip as a buying opportunity rather than a signal to withdraw from the market.

These decisions by Tom Lee and other funds continue to reaffirm long-term confidence in the value of leading digital assets, even as the market experiences volatility.

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