Since I made that post on Twitter, I've added to my positions and now my average entry is $3,133, roughly $1 million worth of value and $56K or so in unrealized P&L.

ETH is going to trade a lot better than other altcoins that have no marginal buyers, a.k.a. Solana. If you compare the ETH and Solana chart, ETH has been a lot stronger.

He goes on TV, he shows Bitmain, he shows Ethereum, gets people to buy the stock, and then he gets to issue more stock... he's been roughly dumping half a billion dollars worth of stocks on Bitmain holders. And then he's buying like $300 million worth of ETH.

there's like this big risk factor where maybe, you know, as Tom Lee is piling into ETH, he might be like just buying ahead of a potential bearish catalyst... If they were to be delisted, it would lead to billions, $1 billion of outflows, a.k.a. sell pressure.