It appears that one of our favorite chinamen named Tom Lee has made another prediction and this time this is on Ethereum. He has predicted that this will pump to $16k for 2025. However, I am very skeptical because Tom Lee is also one of the investors behind Bitmine which has become a digital asset treasury company where they copy the strategy of Michael Saylor for Microstrategy. However for Tom Lee's Bitmine, this is buying Ethereum to hold in their treasury.

Is Tom Lee on shilling Ethereum or will this really pump to $16k because of Bitmine's purchases from the market?



Tom Lee referred to a new presentation by Sean Farrell, Fundstrat’s head of digital asset strategy. Farrell’s analysis suggests Ethereum could reach $16,000 if it regains its 2017 ETH/BTC ratio peak of 0.14. While Tom Lee mentioned that this peak was in 2021, it actually occurred in 2017.

Read in full https://thecryptobasic.com/2025/08/07/tom-lee-believes-ethereum-could-reach-16000/