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Ethereum (ETH) Price: BitMine Drops $81M on ETH and Tom Lee Says the Rally May Just Be Starting
CoinCentral·August 25, 2026·1 min read
BitMine bought 32,447 ETH last week, worth ~$81 million, bringing total holdings to 5.847 million ETH. ETH posted a 30% weekly gain, its biggest since May 2025. BitMine Chairman Thomas Lee pointed to past 30% rallies that led to 167% and 170% gains. US spot ETH ETFs saw $697 million in net inflows last.
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