According to @lookonchain, Bitmine linked to Tom Lee (@fundstrat) purchased 27,316 ETH worth about $113M and is shown holding 3.34M ETH valued near $13.3B, based on Arkham Intelligence data for address 0xDc80040e8a9826598BDea575e345CFB88253a07f (source: @lookonchain; source: Arkham Intelligence). The 27,316 ETH purchase equals roughly 0.82 percent of the reported 3.34M ETH stack and implies an average price near $4,136 per ETH from the figures shared (source: @lookonchain). @lookonchain also referenced a related post by BitMNR on X while flagging this activity, providing additional wallet-attribution context (source: @lookonchain; source: BitMNR on X).

According to the source, Tom Lee forecast year-end targets of $200,000–$250,000 for BTC and $10,000–$12,000 for ETH. Source: Tom Lee. He also stated that Wall Street and the Trump administration will adopt Ethereum. Source: Tom Lee.