Ethereum (ETH)

Everything Trump promised about crypto was a lie. https://t.co/c8g2HffqTH

3 weeks later, these continue to be the winners adding $LIT too https://t.co/VHWvmxtoRa

Now Bitcoin is forced to be tied together with MicroStrategy (Strategy), which had been continuously hoarding Bitcoin. Although countless analysts reassure everyone that they only sold a small amount of Bitcoin, the market panicked nonetheless.. https://t.co/eC5mGlsgM9

eth 跌得很少。有补跌需求！ $eth go to 20 ！！！ https://t.co/wr3ZCxj5xz

🔥ETH Bullish and Bearish Opinions Collection: Can Ethereum's value flow back to ETH? Recent market sentiment has dropped to a low point. The ETH bullish‑bearish debate is a wind‑vane‑like “cutting the rope”: Bankless co‑founder David Hoffman publicly disclosed that he has liquidated all his ETH. Conversely, on the other side of the market, some institutions are adding to ETH positions against the trend. Tom Lee’s BitMine has been continuously buying ETH recently and has elevated ETH to a core company strategy. On one side, long‑time evangelists are dumping ETH; on the other, listed companies and institutional capital keep adding to ETH. Is ETH losing its value‑capture capability, or is it on the verge of a new round of institutional re‑valuation? Biteye has compiled the bullish and bearish perspectives for you 👇 🌟Bullish Bullish participants do not deny that ETH’s short‑term performance is weak, and they acknowledge that the market is re‑examining ETH’s value‑capture issue. However, they believe that ETH’s core logic remains intact. Whether it’s stablecoins, RWA, DeFi, L2, or institutional tokenization and Agentic AI, many new financial activities still require a secure, neutral, composable base layer. Ethereum remains the most important candidate. Thus, the bullish bet is not on a short‑term fee rebound, but on ETH being incorporated back into institutional and long‑term capital pricing frameworks as on‑chain finance continues to expand. 1️⃣Tom Lee@fundstrat | BitMine CEO | XHunt rank: 202 Core view: The short‑term decline is noise; ETH will strengthen in 2026 driven structurally by tokenization + Agentic AI. He maintains a 2025‑end target of $7,000‑15,000 and says “ETH thesis not broken.” More importantly, Tom Lee is not merely shouting trades; he is continuously buying ETH through BitMine. BitMine’s latest purchase on June 2 was about 26,497 ETH, worth roughly $52 million; in the week ending end of May, BitMine had accumulated purchases of 111,942 ETH, about $237 million, one of the largest single‑week buys since 2026. BitMine’s goal is to hold 5% of ETH’s circulating supply, and it is now close to that target. 2️⃣Raoul Pal @RaoulGMI | Real Vision CEO | XHunt rank: 45 Core view: ETH is one of the foundational operating systems of the on‑chain economy. Raoul Pal’s logic focuses not on short‑term price but on network value: if Ethereum were shut down today, a massive amount of economic activity in Layer2, DeFi, NFTs, RWA, etc., would be severely impacted, meaning ETH’s current valuation may still be undervalued.

From the video, Tom Lee responded to Vitalik's earlier post about the Ethereum Foundation focusing on core CROPS, stating: "Ethereum DAT treasury companies, including Bitmine and Sharplink, now hold 7% of the Ethereum supply... Treasury stock is essentially a permanently removed supply from the ecosystem, but we also earn yields. The yield is about 3%, so these public treasuries are currently generating roughly $500 million in rewards, which is what we can use to fund the crypto ecosystem." In short, the Ethereum ecosystem will no longer rely solely on the foundation to dispense money; these DAT treasury companies can now provide funds to support projects, developers, and infrastructure. Key points: 1. DAT treasury companies have accumulated a lot of ETH. Listed companies like Bitmine (Tom Lee) and Sharplink together hold about 7% of the total ETH supply. These companies treat ETH as a “corporate treasury” for long‑term holding. 2. They earn a substantial amount through staking. By staking ETH on the Ethereum network to help secure it, they earn around 3% yield annually. Combined, these companies receive about $500 million worth of ETH rewards each year. 3. Tom Lee believes that not all of this money should be kept idle; a portion can be used to fund the Ethereum ecosystem (grants, project support, developers, L2s, etc.). Previously, funding mainly came from the Ethereum Foundation (EF); now these “DAT treasuries” can also fund themselves. 4. Tom Lee thinks the Ethereum Foundation narrowing its focus to the core issues (CROPS: censorship‑resistance, openness, privacy, security) is the right decision. Because Ethereum is now massive: • Market cap around $240 billion • 11 years of operation with zero downtime • 89 countries, 11,500 nodes globally • 15,000 developers One foundation cannot manage everything; more responsibilities will fall to private companies in the future. This signifies an evolution of the funding model for the Ethereum ecosystem: shifting from “relying on the foundation’s treasury” to “large market participants earning and reinvesting their own returns.” This is the positive cycle that needs to happen.