In short

  • Tom Lee says that the ETH/BTC ratio has risen above a long-term downtrend.

  • BitMine holds 5,815,164 ETH, about 4.8% of Ethereum’s total supply of 120.7 million.

  • Bitmine bought 9,926 ETH last week, clearly below its pace since October

Read the original story Tom Lee sees Ethereum overtaking Bitcoin and cites 2 reasons written by Kamina Bashir on the website fi.beincrypto.com

#BTC #ETH