🔷️ Institutional accumulation around $ETHEREUM continues to accelerate. Tom Lee's Bitmine has added another major $ETH purchase to its balance sheet, pushing the company's total holdings to roughly 4.7% of Ethereum's circulating supply. 📈 What's becoming increasingly interesting is that this is no longer just a trade for some institutions, Ethereum is starting to be treated as a strategic treasury asset in the same way Bitcoin was years ago. Tom Lee also reiterated his long-term $62,000 Ethereum thesis, highlighting the growing conviction some market participants have in ETH's role within the future financial system. 👀 Narratives come and go, but institutional capital tends to follow conviction and long-term positioning. The scale of recent accumulation is becoming harder for the market to ignore. ⚠️ Not financial advice. #ETH #Ethereum #Bitcoin #Crypto #ETF