Morning Minute: Tom Lee Calls the Binance Hack Bullish for Ethereum
Tom Lee looked at the largest crypto theft ever recorded and called the market’s response “constructive”. His company, BitMine Immersion, bought another 8,573 ETH last week, roughly $19.6 million worth, lifting the treasury to 6,060,506 ETH and about $13.7 billion. That’s 4.9% of the total circulating ETH supply, which makes Lee the most ETH-exposed executive on the planet.