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Tom Lee Claims ‘Bots’ To Blame For Ethereum Price Fall as BitMine Buys More ETH Under $3,000
Yahoo Finance· 2025-12-31 10:47
Tom Lee's Bitmine has continued to accumulate Ethereum into the end of the year. Key Takeaways Tom Lee attributed Ethereum’s late-December price weakness to automated trading activity and year-end tax losses. Despite the downturn, BitMine continued accumulating Ethereum, adding 44,463 ETH. Analysts warn Ethereum remains vulnerable to further downside. BitMine’s Tom Lee said “bots” and year-end tax-related selling were driving Ethereum’s recent price weakness, even as the firm added another 44,463 E ...