Tom Lee explains that institutional investors tend to withdraw from the crypto market during the year-end holiday period, leading to increased dominance of algorithmic and bot trading. Tax-avoidance sell-offs also contribute to downward pressure on crypto prices, especially between December 26 and December 30. BitMine is adapting its market strategy accordingly after increasing its ETH holdings recently.
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Tom Lee Highlights Year-End Institutional Withdrawals, Algorithmic Trading, and Tax-Related Sell-...
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