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Recently noticed an interesting phenomenon - BMNR, led by Tom Lee (dubbed the ETH version of MicroStrategy), is still crazily buying up Ether.
The data is quite convincing: this company currently holds 3% of the total ETH in circulation, which has already surpassed the Ethereum Foundation. According to their original plan, the goal is to acquire 5% of the circulating supply, and judging by their accelerated coin accumulation over the past two weeks, they are indeed getting closer step by step.
To be honest, when I heard Tom Lee calling out his predictions before, I thought it was just another pipe dream. But now it seems he is genuinely putting his money where his mouth is. As for his prediction that "ETH will surge to $7000 in January," will it come true? The market will provide the answer, but at least this wave of action has indeed given many ETH holders a bit more hope.
Do you think this round of institutional investment will change the trend of Ethereum?