Tom Lee's Bitmine continues to increase its holdings of $ETH for the third consecutive week, this time purchasing another $138 million. Unrealized losses are still widening, yet the buying pace has not slowed, indicating they are betting on a longer-term correction rather than a quick rebound. For $ETH , this kind of sustained buying pressure is more significant than a one-time news event, but if the price still cannot break out of the trend, the pressure from unrealized losses will continue to weigh on market sentiment. $ETH

ETH5.35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin