Tom Lee Believes Ethereum Has Already Hit Its Bottom in 2025 – Here’s Why
- Has Ethereum Really Bottomed Out in 2025?
- Why Is Bitmine Betting Big on Ethereum?
- Market Uncertainty vs. Institutional Confidence
- Where to Trade ETH in 2025?
- FAQ: Ethereum’s 2025 Bottom Debate
Tom Lee, CEO of Bitmine, the largest ethereum Treasury Company, is doubling down on his bullish stance for ETH. In a recent interview, he claimed Ethereum has already bottomed out, citing aggressive buying by his firm. With ETH trading at $3,200 (as of December 2025), Lee predicts a potential surge to $7,000–$9,000 by January 2026. But is this optimism justified? We break down the data, historical trends, and market sentiment to explore whether Ethereum’s worst is truly behind it.
Has Ethereum Really Bottomed Out in 2025?
Tom Lee isn’t just talking the talk—he’s putting money where his mouth is. In a candid interview with Farokh Sarmad, the Bitmine CEO revealed that his company has more than doubled its ETH purchases over the past two weeks. "I’m convinced Ethereum has already hit its lowest point," Lee stated. "We’re buying aggressively, and our actions prove it."
If Lee’s right, Ethereum’s bottom would be $2,623, recorded on November 21, 2025—just three months after its all-time high (ATH) of $4,946 in August. But with the crypto market still shaky and ETH down 36% from its peak, skeptics argue this might be premature optimism.

Why Is Bitmine Betting Big on Ethereum?
Bitmine now holds a staggering 3.86 million ETH (worth $12.37 billion), making it the largest Ethereum Treasury Company. Lee’s confidence stems from his belief that ETH could triple in value by early 2026. But what’s driving this audacious forecast?
Historically, Ethereum has rebounded sharply after major corrections. For instance, post the 2018 crash, ETH surged 1,500% in two years. Lee might be banking on a similar recovery, especially with Ethereum’s upcoming protocol upgrades and institutional adoption. Still, a 3x jump in weeks seems ambitious—even for crypto.
Market Uncertainty vs. Institutional Confidence
While Bitmine buys the dip, broader market sentiment remains cautious. The MSCI USA recently excluded crypto-linked stocks, and Bitmine’s own shares (BMNR) have plummeted 76% since July 2025. Meanwhile, ETH trades at $3,200, down 4% in 24 hours.
"This volatility isn’t unusual," notes a BTCC analyst. "Ethereum’s utility as a smart contract platform gives it long-term staying power, but short-term swings are inevitable."
Where to Trade ETH in 2025?
For traders looking to capitalize on ETH’s potential rebound, platforms like BTCC, Binance, and Coinbase offer robust liquidity. BTCC, in particular, provides low-fee ETH/USDT perpetual contracts—handy for hedging during turbulent markets.
Always DYOR (Do Your Own Research). Past performance doesn’t guarantee future results, and leverage trading amplifies risks.
FAQ: Ethereum’s 2025 Bottom Debate
What did Tom Lee say about Ethereum’s price?
Lee claims ETH bottomed at $2,623 in November 2025 and could reach $7,000–$9,000 by January 2026.
How much ETH does Bitmine hold?
Bitmine owns 3.86 million ETH ($12.37 billion as of December 2025).
Is Ethereum a good buy now?
While Lee’s bullish, market conditions remain uncertain. Consult multiple sources before investing.