$ETH
Boss 4 million ETH cost $3074, buy below 3000 with your eyes closed!
🔥 Family, don't be dumbfounded by the fluctuations of K-line! Institutions are frantically buying up!
Recently, the trend of Ethereum has been tough, and many people ask me: "Can ETH still be held?" I spent a whole day digging into the financial reports and on-chain data of Wall Street giant Tom Lee's company BitMine and discovered a shocking secret!🤯
1️⃣ They are hoarding crazily! While everyone is panicking, BitMine quietly bought nearly 400,000 ETH in December! Now they hold 4.06 million Ethereum, which means that out of every 100 ETH in the world, more than 3 belong to them!
2️⃣ What is their cost price? (Key point!) 💰 According to my calculations, their comprehensive cost for this large-scale accumulation is about $3,074. In other words, the current price around $3,000 is basically the "entry price" for institutions! If the price falls below $3,000, that's when institutions are losing money, so why panic?
3️⃣ How does Wall Street calculate? Tom Lee has big ambitions; he wants to control 5% of Ethereum globally. Why? Because in the future, all stocks and bonds will need to be on-chain (RWA), and Ethereum is the future's "digital oil"! He even shouted out a sky-high target of $62,000!🚀
4️⃣ But there are also risks... ⚠️ There are actually divisions within their company; another executive thinks it might pull back to $1,800 next year. This might be why they are buying so urgently now—to get enough chips before a big surge!
💡 My thoughts: Following the big funds is likely to be right. When institutions build a defense line around $3,000, this could very well be the "golden pit" of this cycle.
