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Fundstrat founder Tom Lee stated that the Binance hack is positive for Ethereum. His company, BitMine Immersion, increased its holdings by 8,573 ETH last week, bringing its total to 6,060,506 ETH, valued at approximately $13.7 billion, representing 4.9% of Ethereum's total supply and nearing the 5% holding cap. Meanwhile, both spot Bitcoin and Ethereum ETFs experienced outflows.

03/11/2026 13:16 UTC
Svmuu Editorial Team
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#Binance #Ethereum #Bitcoin #ETF #digital currency
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Current Location: Home > Fundstrat founder Tom Lee stated that the Binance hack is positive for Ethereum. His company, BitMine Immersion, increased its holdings by 8,573 ETH last week, bringing its total to 6,060,506 ETH, valued at approximately $13.7 billion, representing 4.9% of Ethereum's total supply and nearing the 5% holding cap. Meanwhile, both spot Bitcoin and Ethereum ETFs experienced outflows.

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