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Tom Lee's BitMine Immersion added 41,000 ether as paper losses rise to $6 billion
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Why This Matters
Tom Lee's BitMine Immersion added 41,000 ether despite the plunging price of ether, which has resulted in $6 billion in paper losses, highlighting a contrast between blockchain activity and market price.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Ether's plunging price stands in stark contrast to surging blockchain activity, marking a contrast to prior bear markets, company Chairman Tom Lee said.
Original article published by
CoinDesk
on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.