Tom Lee’s Bitmine just bought $421 million worth of Ethereum despite the cryptocurrency trading 40% below its all-time high. The company’s new haul lifts its Ethereum holdings past the $12 billion mark, with Bitmine saying it now owns 3.4% of the cryptocurrency’s total supply. “This is a tremendous milestone,” Lee said. The purchase comes as traditional financial institutions are aggressively adopting blockchain technology amid greater regulatory clarity worldwide. However, Lee’s latest addition to Bi ...

Cycles repeat.Memecoins explode.Altcoins explode.The Supercycle is inevitable.Believe in something. ...

Zhu Su's Risk Management Advice: Don't Get Blown Out in a SupercycleIn a February 2021 UpOnly podcast interview, Three Arrows Capital co-founder Zhu Su emphasized the importance of risk management, warning investors not to get "blown out" during a supercycle. He further outlined a supercycle narrative using a "5x gold market cap" analogy, suggesting that if Bitcoin reached a valuation of $50 trillion or even $100 trillion, the price could hit $2.5 million per coin. He claimed that timing the market was unne ...

Robinhood Chair and CEO Vlad Tenev says prediction markets are in the early stages of a "supercycle" during an interview on "Bloomberg Markets." ...

Supercycle? Supercycle. ...

Remember the 2025 supercycle? https://t.co/NAdFk0T3j3The Wolf Of All Streets (@scottmelker):Remember Uptober? ...

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)MEMECOIN SUPERCYCLEThis is the moment everyone will regret missing. ...

SUPERCYCLE? https://t.co/O0vRGOM8lk ...

Where is the supercycle? 🤔 https://t.co/nbDBhU7cQz ...

Group 1 - Tom Lee predicts Ethereum (ETH) could drop to $2,500 before entering a supercycle that could see prices rise to $7,000–$9,000 within weeks [1][4] - Bitmine Immersion Technologies Inc has accumulated approximately 3% of the total ETH supply and aims to reach 5%, which is seen as a critical threshold for creating scarcity [2][3] - The consolidation of ETH supply by Bitmine is viewed as a potential controlled supply squeeze, which could lead to structural pressure in the market if demand increases [3][4] Group 2 - If Ethereum drops to $2,500, it presents an asymmetric buying opportunity, where forced sellers meet a strong buyer, potentially leading to a market pivot [4] - There is speculation that Bitmine's actions may be setting the stage for a liquidity shock, which could result in late-movers facing challenges in finding Ethereum to purchase [5][6] - The market dynamics may shift rapidly, with the potential for a quick rebound that outpaces traditional market adjustments [5][6]