The post Ethereum’s price Bottom Could Be In, Says Tom Lee – Here’s Why appeared on BitcoinEthereumNews.com.

Ethereum (ETH) traded at $2,100 at the time of writing, up almost 1% over 24 hours and 4% over the past seven days. The move comes as onchain data shows fresh accumulation by a long-term Ethereum holder, even as US spot Ether ETFs continue to record outflows. Summary Ethereum wallet thomasg.eth adds $19.5M in ETH while market remains 56% below ATH. US spot Ethereum ETFs show sustained outflows of $55.7M, $136.4M, and $42M over three days. Tom Lee suggests ETH might have already bottomed, citing correlations with historical market recoveries. Arkham Intelligence data shows that an early Ethereum wallet known as thomasg.eth has been rebuilding exposure over the past week. The wallet added about $19.5 million in Ether across spot ETH, wrapped ETH, and Aave-deposited ETH, including a fresh $3 million purchase on March 20. Arkham said the same wallet held about $537 million in crypto assets at the 2021 market peak. Its recent buying comes with ETH still trading about 56% below its all-time high of $4,946 recorded on Aug. 24, 2025 (per CoinGecko’s data). ETF outflows continue for third day The wallet buying came during another weak stretch for US spot Ether exchange-traded funds. Data from SoSoValue showed the funds posted net outflows of $55.7 million on March 18, $136.4 million on March 19, and $42 million on March 20. Total Ethereum (ETH) Spot ETF data | Source: SoSoValue That pattern shows that institutional fund flows and onchain accumulation are not moving in the same direction right now. While one large holder has been adding ETH, listed investment products have continued to lose assets over several sessions. Tom Lee says ETH may be near a bottom Bitmine Immersion Technologies, chaired by Fundstrat founder Tom Lee, has also increased its Ether exposure. The company now holds about 4.6 million…

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Filed under: News - @ March 21, 2026 10:03 am

The post Ethereum’s price Bottom Could Be In, Says Tom Lee – Here’s Why appeared on BitcoinEthereumNews.com.

Ethereum (ETH) traded at $2,100 at the time of writing, up almost 1% over 24 hours and 4% over the past seven days. The move comes as onchain data shows fresh accumulation by a long-term Ethereum holder, even as US spot Ether ETFs continue to record outflows. Summary Ethereum wallet thomasg.eth adds $19.5M in ETH while market remains 56% below ATH. US spot Ethereum ETFs show sustained outflows of $55.7M, $136.4M, and $42M over three days. Tom Lee suggests ETH might have already bottomed, citing correlations with historical market recoveries. Arkham Intelligence data shows that an early Ethereum wallet known as thomasg.eth has been rebuilding exposure over the past week. The wallet added about $19.5 million in Ether across spot ETH, wrapped ETH, and Aave-deposited ETH, including a fresh $3 million purchase on March 20. Arkham said the same wallet held about $537 million in crypto assets at the 2021 market peak. Its recent buying comes with ETH still trading about 56% below its all-time high of $4,946 recorded on Aug. 24, 2025 (per CoinGecko’s data). ETF outflows continue for third day The wallet buying came during another weak stretch for US spot Ether exchange-traded funds. Data from SoSoValue showed the funds posted net outflows of $55.7 million on March 18, $136.4 million on March 19, and $42 million on March 20. Total Ethereum (ETH) Spot ETF data | Source: SoSoValue That pattern shows that institutional fund flows and onchain accumulation are not moving in the same direction right now. While one large holder has been adding ETH, listed investment products have continued to lose assets over several sessions. Tom Lee says ETH may be near a bottom Bitmine Immersion Technologies, chaired by Fundstrat founder Tom Lee, has also increased its Ether exposure. The company now holds about 4.6 million…

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Filed under: News - @ 10:03 am