Tom Lee: ETH has bottomed out this year

After BitMine acquired an additional 138,452 ETH ($460M) last week, Tom Lee appeared on a podcast with Rug Radio with optimistic comments:

"BitMine believes the price of ETH has hit bottom. We have bought more than double the amount of ETH compared to two weeks ago."

According to him, Wall Street is gradually choosing this blockchain as a foundation for long-term development. This trend started with stablecoins but it was merely a digital version of the USD. When they want to tokenize all assets, they need Ethereum. $ETH

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