The Ethereum Foundation selling is the barometer, hurry to short Ethereum
PANews
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Tom Lee: Ethereum has bottomed out, so BitMine is actively buying in
PANews December 11 news, according to Decrypt, Fundstrat co-founder and BitMine Chairman Tom Lee stated in an interview: "BitMine believes that Ethereum has bottomed out, and compared to two weeks ago, we have more than doubled the amount of Ethereum we are buying." Tom Lee and BitMine are more excited about Ethereum's prospects over the next 10 to 15 years, especially as Wall Street has embraced the Ethereum network and its role in future finance. He stated: "The reason for the excitement about Ethereum is that Wall Street has chosen to use this blockchain to layout the future. It started with stablecoins, which is a significant 'aha' moment for Wall Street... but that was just about tokenizing the dollar. Now Wall Street wants to tokenize everything, and they won't build on Bitcoin—they need a smart contract platform."
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