Tom Lee’s Shock Call Meets BitMine’s Supply Squeeze — Is ETH Set To Ignite?

Crypto traders are fixated on Tom Lee‘s latest shock call: Ethereum (CRYPTO: ETH) could plunge toward $2,500 in a capitulation flush before ripping into a Bitcoin (CRYPTO: BTC)-style supercycle run toward $7,000–$9,000. The timing, he argues, is measured in weeks, not years — a countdown that has electrified sentiment even as price action remains fragile.

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But while screens flash red and green, the real power shift may be happening off-chart: Bitmine Immersion Technologies Inc (AMEX:BMNR) has quietly accumulated roughly 3% of the total ETH supply and is openly signaling ambitions to reach …

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