Tom Lee’s Ethereum Portfolio Sits on $7.35B Loss as ETH Price Slumps

May 24, 2026 - 17:30
Tom Lee’s Ethereum Portfolio Sits on $7.35B Loss as ETH Price Slumps
Tom Lee’s BitMine faces about $7.3 billion in paper losses on its Ethereum treasury as Ether (ETH) traders weigh worsening sentiment, ETF outflows and a bearish chart setup pointing toward $1,600. Key takeaways: Bitmine keeps buying ETH even as its losses mount amid the 57% price drawdown from the August 2025 high. ETH price technicals...

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