Mining giant BitMine just scooped up $44 million in Ethereum, sending a strong signal to the market. This massive accumulation comes right as renowned analyst Tom Lee doubled down on his bullish stance for ETH. The timing? Pretty interesting. While retail traders stay cautious, institutional players like BitMine are loading up their bags. Lee's optimistic forecast adds fuel to the narrative that smart money sees serious upside potential here. Whether this marks the beginning of a broader institutional rotation into Ethereum remains to be seen, but one thing's clear: the whales are making moves while others hesitate.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
8
Repost
Share
Comment
0/400
SmartContractDiver
· 12-01 08:43
It's the same trap again, just follow the trend when institutions are buying? I think I'll wait and see, this timing is just ridiculous.
View OriginalReply0
ColdWalletAnxiety
· 12-01 08:16
Institutions are accumulating chips, while we are still struggling with whether to buy or not, laughing out loud.
View OriginalReply0
MidsommarWallet
· 11-28 09:57
The whale is on the move, while retail investors are still in a dilemma... This gap is truly remarkable.
View OriginalReply0
SignatureLiquidator
· 11-28 09:57
Hey, did BitMine really buy 44 million ETH? Institutions are really placing their bets.
---
Tom Lee is advocating again. Every time this guy is bullish, we have to pay attention.
---
What are retail investors still hesitating about? The whales are already moving.
---
Something feels off... this timing is too convenient, feels a bit like a trick.
---
Wait, are institutions really entering the market or are they just playing people for suckers again? I think we need to watch more.
---
$44M isn’t a big deal for BitMine, let’s not exaggerate.
---
Anyway, I’m not going to follow the trend. I’ve seen too many news stories about "institutional movements."
---
Oh, really? Are they starting to hype up the institutions entering again?
---
Interesting. Let’s wait until the institutions get dumped before we enter a position.
View OriginalReply0
staking_gramps
· 11-28 09:56
Damn, the Whale is quietly accumulating chips again, while we retail investors are still struggling with whether to enter a position.
View OriginalReply0
ZkProofPudding
· 11-28 09:45
Large Investors are taking action, while retail investors are still hesitating. This is the gap.
View OriginalReply0
GateUser-e87b21ee
· 11-28 09:42
Institutions are accumulating shares, while retail investors are still hesitating; this is the gap.
View OriginalReply0
BearMarketMonk
· 11-28 09:37
At this time, institutions are hoarding, while retail investors are still hesitating, which is really a stark contrast.
Mining giant BitMine just scooped up $44 million in Ethereum, sending a strong signal to the market. This massive accumulation comes right as renowned analyst Tom Lee doubled down on his bullish stance for ETH. The timing? Pretty interesting. While retail traders stay cautious, institutional players like BitMine are loading up their bags. Lee's optimistic forecast adds fuel to the narrative that smart money sees serious upside potential here. Whether this marks the beginning of a broader institutional rotation into Ethereum remains to be seen, but one thing's clear: the whales are making moves while others hesitate.