Tom Lee's firm scoops up 64,000 ETH in one day, bottom-fishing Ethereum with $200 million

2025-12-06 12:20:17

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[Crypto World] BitMine Immersion Technologies, led by Tom Lee, has been making some aggressive moves lately. In just one day, they scooped up over 64,000 Ethereum, dropping nearly $200 million. These coins were moved from Bitgo and FalconX hot wallets, with the timing spot on—right when the market was bottoming out.

Interestingly, after the purchase, ETH prices did bounce back, briefly touching around $2,900. This move is pretty much in line with their usual strategy: buying the dip when market sentiment is low and continuously adding to their Ethereum reserves. It looks like this firm is determined to build a strong position at this price range.

ETH0.81%

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SchrodingersPaper

· 10h ago

Damn, it's another trick to fleece retail investors. No wonder there's a rebound.

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MindsetExpander

· 10h ago

You can tell a real whale by their moves—a $200 million buy-in just like that, that's some serious firepower. Old Master Tang really knows how to play—timing his buys at the lows perfectly. But honestly, we've seen these big institutions hoard coins plenty of times, the problem is we just can't keep up. As soon as they buy, the price goes up—it feels like the market is being led by their rhythm. If you ask me, the fact that they can swallow 64,000 ETH says it all. I'm really envious of a war chest like that—one move and they can influence the price.

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WhaleWatcher

· 10h ago

Seriously, every time the whales buy, the price rebounds. This move is incredible.

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AirdropHarvester

· 10h ago

64,000 a day... that's some serious action. Damn, that's exactly what a whale should look like, while us retail investors are still hesitating over whether to buy. That bounce at 2,900 wasn't a coincidence after all—the institutions really do know where the bottom is. Honestly, this kind of move makes me jealous... If only I had 200 million too. Is Tom Lee seeing another opportunity? Are we supposed to follow him and buy the dip to make some money? This price range is definitely attractive, but it's already too late to start hoarding after seeing them do it. Timing is everything—they really know how to nail it. At this rate, ETH will keep going up, looks like there's no escape.

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MetaReckt

· 10h ago

Old Li's move—good thing I didn't have a short position... 64,000 ETH in a single day? How many zeros is that? I can't even count. This is why retail investors always get rekt; big institutions have been lying in wait long ago. Must be some insider info, otherwise how could they be so accurate? Seriously? It rebounded right after bottoming out? Yeah, right, I don't buy it.

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GateUser-7b078580

· 10h ago

The data shows that this move was indeed precise. 64,000 ETH is no small amount... But even so, let's wait and see how long the rebound can last.

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ETHReserveBank

· 10h ago

The big institutions are timing this dip-buying perfectly—every time they buy, the market rebounds. How do they do it? 64,000 ETH in one day—what kind of position are they building here... Brother Li's move, the market is truly intimidated. So much for buying at the bottom; they're already starting to accumulate. Looks like this really is the bottom. The whales aren't even pretending anymore—they're just going for it.

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