Tom Lee Acquired $281 Million in ETH Cryptocurrency: Is He Aware of Information We’re Unaware Of? Will Ethereum Reach a New Peak?
Tom Lee and his investment in ETH are making waves again, as reports emerge about a recent purchase of $281 million that has crypto traders curious about his next predictions for ETH.
Tom Lee’s BitMine Immersion has allegedly acquired 72,898 ether, valued at approximately $281 million, in the past 24 hours.
BREAKING:
Tom Lee’s Bitmine Immersion has just purchased $281 million in ETH. pic.twitter.com/sdzhLhj9N5
— Ash Crypto (@Ashcryptoreal) October 18, 2025
BitMine’s Ethereum assets have expanded to 3.03 million ETH, accounting for approximately 2.5% of the overall supply, following an addition of around 202,000 tokens since October 6.
BitMine shared their latest holdings update for Oct 13, 2025:
$12.9 billion in total crypto + “moonshots”:
– 3,032,188 Ethereum at $4,154 per Ethereum (Bloomberg)
– 192 BTC (BTC)
– $135 million equity in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and
– unobstructed…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) October 13, 2025
Analysts have pointed out that there are no identifiable transaction hashes, crypto wallet addresses, or regulatory documentation confirming the purchase. BitMine has yet to issue a public statement regarding this claim.
As per Coingecko data, Ether was trading between $3,830 and $3,870 on Friday, recording minor daily gains of +0.8% but still below its early October highs.
(Source: Coingecko)
The crypto token remains under pressure following last week’s sharp dip, when the liquidation wave of October 10–11, marking the largest in crypto’s history, briefly drove prices down to the mid-$3,400s.
Trading market analysts suggest that investors like Lee seem to be accumulating during these low points, betting that Ethereum’s long-term fundamentals will surpass short-term volatility.
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What Does the $4,400–$4,800 Liquidity Zone Signal for Ethereum’s Future Movement?
Crypto analyst Ted indicates that Ethereum’s next direction will depend on its response to a significant market fluidity cluster between $4,400 and $4,800.
There is a massive available volume cluster for $ETH around the $4,400-$4,800 level.
If the US-China trade agreement materializes, ETH may hit this available volume target.
Otherwise, it might fall towards the $3,200-$3,400 range before a potential rebound. pic.twitter.com/z2RiHuGM8s
— Ted (@TedPillows) October 18, 2025
The chart indicates substantial sell orders gathered in that zone, suggesting many traders are getting ready to exit or short near those levels.
(Source: X)
Ethereum’s recovery from below $3,600 lost momentum near the mid-$4,000 range. The chart appears to depict a potential double top forming around $4,600, followed by a correction.
On the downside, new market fluidity is beginning to build around $3,200-$3,400, indicating strong buying interest should prices decline again.
Ted mentioned that if a US-China trade deal is finalized, ETH could potentially reach the upper end near $4,800 as shorts start to cover their positions.
Conversely, if market sentiment deteriorates, ETH may retreat back towards the lower support before establishing a foundation.
At this moment, ETH is caught between two significant available volume zones, one above and one below, and whichever one is breached first could determine the upcoming major movement.
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Ethereum Price Outlook: Could ETH’s Current Dip Be Setting Up for a Double Bottom Near $3,300?
Crypto analyst Crypto Tony recently expressed a cautious yet optimistic perspective on Ethereum (Ethereum) in his latest trading market commentary on X.
This is what I envision for ETH as the best-case scenario: another test of the lows leading to a double bottom. From the highs, we are observing a corrective move instead.
The macro outlook suggests to me that we are amidst a corrective macro movement. pic.twitter.com/dVqYIL9kNs
— Crypto Tony (@CryptoTony__) October 18, 2025
His analysis suggests that ETH is likely navigating through a corrective phase, rather than a complete trend reversal.
Per his Elliott Wave analysis, ETH is manifesting within a W–X–Y corrective pattern, often observed prior to a recovery phase.
(Source: X)
The cryptocurrency is currently valued at around $3,870, and Tony anticipates another test of the $3,300–$3,400 range, which could signal the emergence of a double bottom, indicating seller fatigue and a possible turnaround.
He observed that this anticipated wave (b) low aligns with the current correction, suggesting one last dip before a resurgence.
His projection indicates a potential ascent towards $5,000 by late Q4 2025 or early 2026, following Ethereum’s establishment of a base at lower price levels.
The analyst remarked that the overarching structure is “corrective yet stable,” hinting that the recent downturn may simply be part of a larger optimistic trend that remains intact.
If buying interest re-emerges around the base level levels, he believes Ethereum could transition back into recovery mode soon.
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