Ethereum Predictions Spark Buzz After BitMine Buys $21 Million Worth of ETH

Wall Street veteran Tom Lee predicts Ethereum will bottom out near $4,300 in the coming hours before rebounding. His prediction comes as BitMine, an investment firm led by Lee and known for its significant Ethereum holdings, made a notable purchase of 4,871 ETH worth approximately $21.3 million. This move coincides with Lee’s recent insights suggesting a near-term bottom in Ethereum price. The news has created significant buzz among investors as they await the outcome of this potential turnaround.