BTCC / BTCC Square / tipranks /

BitMine’s $173M Ethereum Bet Defies Market Gloom—Tom Lee Points to Liquidity Crunch

BitMine’s $173M Ethereum Bet Defies Market Gloom—Tom Lee Points to Liquidity Crunch

Author:

Published:

2025-11-17 16:53:24

16

2

BitMine Buys $173M in Ethereum as Tom Lee Blames Crypto Weakness on Liquidity Crunch

Institutional whale BitMine just dropped a $173 million vote of confidence in Ethereum—right as crypto markets hit a liquidity drought.

Why this matters: The move comes amid what Fundstrat's Tom Lee calls a 'structural liquidity crunch' squeezing digital assets. While retail traders panic, big money's stacking ETH at fire-sale prices.

The cynical take: Wall Street always buys the dip—after shorting it first. But when a single trade could move markets, maybe they know something the rest of us don't?

By:

BREAKING: Apple (AAPL) CEO Tim Cook Set to Step Down in 2026 – What’s Next for the Tech Giant?

|Square

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2025 BTCC.com. All rights reserved

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.