Fundstrat Global Advisors managing partner Tom Lee predicts Ethereum could reach $5,500 within the next few weeks and climb to $10,000–$12,000 by year’s end.

At the same time, BitMine’s accumulation of hundreds of thousands of ETH and the growing “supply squeeze” on the market have raised concerns. This has led investors to question whether a major breakout for ETH is just around the corner.

New Predictions for Ethereum in 2025

In a recent interview, Tom Lee, who is also the chairman of BitMine, sent ripples through the community with his argument. He predicted that Ethereum could hit $5,500 in just a few weeks and advance to $10,000–$12,000 by year’s end.

This is not merely an optimistic forecast but a statement from an influential figure closely tied to BitMine’s large-scale ETH treasury strategy.

Lee boils down his forecast to two key arguments. First, institutional buying power is becoming increasingly strong (via ETFs, staking, and corporate treasuries). Second, Ethereum’s supply structure is tightening.

On the institutional front, BitMine is emerging as one of the most aggressive ETH accumulators. Data reveals that BitGo transferred 95,800 ETH from its custody wallet to six new wallets suspected to be linked with BitMine.

With this scale, BitMine quickly boosted its Ethereum holdings to billions of dollars, becoming the largest ETH treasury in the world.

List of companies holding ETH. Source: Lark Davis on X

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Author: Linh Bùi

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