Tom Lee's fund now holds 4.8% of all $ETH supply. He calls it the "Alchemy of 5%" — just 0.2% away from the target.
Current unrealized loss: $8.4 billion.
Right now it looks more like gold-to-lead than the other way around. But Lee's had some solid calls before. Maybe the reversal just takes another cycle to play out.
Or maybe 5% was never the magic number.
Current unrealized loss: $8.4 billion.
Right now it looks more like gold-to-lead than the other way around. But Lee's had some solid calls before. Maybe the reversal just takes another cycle to play out.
Or maybe 5% was never the magic number.