Svmuu, Bitmine Chairman Tom Lee stated that he remains optimistic about the crypto market entering a new supercycle, believing Ethereum will be a core beneficiary asset.
Tom Lee pointed out that the two main driving forces of this cycle are asset tokenization promoted by Wall Street and the rapid development of AI Agents, adding that "the crypto market and Ethereum will usher in a supercycle."
Furthermore, Tom Lee believes that Ethereum's previous significant correction actually presents an attractive buying opportunity. Currently, over 39.2 million ETH have been staked in the Ethereum ecosystem, accounting for approximately 32% of the total supply. According to market sources, Bitmine accumulated a total of 111,942 ETH last week, and its ETH holdings represent approximately 4.47% of the total supply of 120.7 million ETH. (Cointelegraph)