Ethereum is in the limelight when Bitmine Endersion Technologies shares scored a sharp hit on Monday and, despite a fresh round of Bullischer Nachrichten by Tom Lee, fell from Fundstrat over 25%.
The investors did not seem to be convinced of making Bitmine a main owner and jack of Ethereum. The slump came after the shares had slipped by more than 10% during the regular hours to 35 US dollars, and then decreased by another 15% in stores at the hour.
Ethereum: Bitmine shares dive despite great demands
According to Tom Lee from Fundstrat, Bitmine plans to keep 5% of the total offer of Ethereum and become a “made in America Validator Network”.
He emphasized that Bitmine already has 600,000 ETH in his balance sheet – more than 2 billion US dollars stirs up at current prices.
Lee even floated the idea that Ether could achieve an implicit evaluation of $ 60,000, citing unnamed research companies. But these brave figures could not calm the market.
10/18
We asked several research companies to give ourselves the value of “replacement” (from Wall Street) to estimate the ETH– This is only for illustrative purposes
– implicit value for the ETH is 60,000 US dollars
– ETH currently ~ $ 3,800 pic.twitter.com/mxa5uczukv– Bitmine BMNR (@bitmnr) July 28, 2025
Analysts had pointed out that Bitmine’s share had risen wildly at the beginning of this month. The price rose by more than 3,000% to an annual high of $ 135 on July 3 after the first announcement of the etheric bond strategy.
This rally was met with a wave of the profit management as soon as the plan was completely created. Many dealers sold into the strength and the mood moved quickly when the shareholders saw the small print.
Investors question execution risks
Based on reports from Kronos research, Treasury -Rollouts require a solid plan to protect capital and maintain liquidity at this level.
Vincent Liu, Chief Investment Officer of Kronos, warned that without clear steps for custody and compliance with the infrastructure could lead to great amounts of ether.
ETHUSD trading at $3,874 on the 24-hour chart: TradingView
And these swings frightened some investors when Lee’s “chairman message” did not define the exact timelines or unveiled audit partners.
In addition, the implicit goal of $ 60,000 for ether from sources that remain unnamed. This lack of transparency triggered alarm bells.
Investors want to know who made mathematics and whether the data is examined. If the price goals are presented without a clear attribution, doubts grow quickly.
Corporate Ethereum bet on the climb
In the meantime, other companies also invite you to ether. Sharplink Gaming controls 438,000 ETH. Bit digitally lasts over 100,000 ETH. Blockchain Technology Consensus Solutions recently increased its share to 29,122 ETH after collecting 62 million US dollars.
The partner of Finality Capital, David Grider, compared the trend with the big bet of strategy on Bitcoin. The statement of these steps should help ETH flows and price measures. The final capital, he revealed, has a position in Bitmine itself.
Selected picture of Meta, Diagram by Tradingview
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