Tom Lee’s Ethereum portfolio down $7.35B as ETH price outlook worsens

ETH’s bearish chart setup points to a 25% drop toward $1,600, risking over $10 billion in paper losses for BitMine in the coming weeks

OttoTrader publishedMay 24, 2026, 3:38 PM

Original source timeMay 24, 2026, 3:08 PM

UpdatedMay 24, 2026, 3:38 PM

Source publicationCointelegraph

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Brief context

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What changed

The setup

ETH’s bearish chart setup points to a 25% drop toward $1,600, risking over $10 billion in paper losses for BitMine in the coming weeks Tom Lee’s Ethereum portfolio down $7.35B as ETH price outlook worsens

Why it matters

Trader relevance

Market context around ETH can change volatility, liquidity, or sentiment. The concrete detail to watch is ETH’s bearish chart setup points to a 25% drop toward $1,600, risking over $10 billion in paper losses for BitMine in the coming weeks

Trading lens

How to use it

Use this as defensive context from cointelegraph.com. Watch whether tom Lee’s Ethereum portfolio down $7.35B as ETH price outlook worsens confirms momentum, invalidates active bias, or changes timing.

Assets

ETH

Source: Cointelegraph on cointelegraph.com.

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