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Tom Lee: The growing pains are temporary and will not change the ETH super cycle

Nov 16, 2025 11:29:58

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Ethereum's first holding institution Bitmine's board chairman Tom Lee posted on social media: "Recently, one (or two) market makers with significant balance sheet vulnerabilities have exposed weaknesses in the crypto market, and sharks are hunting, intending to trigger liquidations and crash BTC.

Is this pain short-term? Yes. Will it change ETH's super cycle (i.e., Wall Street building an ecosystem on the blockchain)? No. But now is not the time to use leverage; don't get liquidated."

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