BREAKING: Tom Lee’s BitMine just bought 126,971 ETH worth $213 MILLION.
Wall Street isn’t ignoring Ethereum anymore. They’re accumulating it.
This is the kind of move institutions make before the crowd realizes the cycle has changed.
Bitcoin was the first phase. Ethereum may be entering the second.
A $213M ETH buy signals something much bigger: Big money is positioning for tokenization, stablecoins, on-chain finance, and the next wave of crypto infrastructure.
Most retail investors are still waiting for “confirmation.”
Meanwhile, firms with billions in capital are already deploying.
When institutions start treating ETH like a strategic reserve asset, the game changes fast.
The Ethereum supply shock narrative just got a lot more real.