Bitmine’s $6.6B ETH Drawdown: Tom Lee Calls the Bottom as LiquidChain Enters the Fray

Fundstrat’s Tom Lee just stepped into the line of fire. His mission? Defending Bitmine’s staggering $6.6B unrealized loss on Ethereum. While that figure is startling, roughly the GDP of a small nation, Lee argues it’s not capitulation. It’s a ‘technical and time-based bottom.’ Basically, he sees this massive drawdown as a lagging indicator of the […]