The post Tom Lee Linked Wallet Pulls In $80M ETH as Ethereum Presses $3,400 appeared on BitcoinEthereumNews.com.

A wallet linked by Arkham to Tom Lee’s Bitmine received about $80 million in Ether, lifting its balance to roughly 24,068 ETH. Meanwhile, Ethereum traded near $3,310 as price tested the $3,350 to $3,400 resistance band on the daily Binance chart. Tom Lee-linked wallet receives about $80 million in Ether, Arkham data shows A wallet tracked by blockchain analytics firm Arkham and linked to Tom Lee’s Bitmine received roughly $80 million worth of Ether in a single inflow, according to on-chain data visible on Arkham’s platform. The address now holds about 24,068 ETH, with the portfolio value shown near $80.16 million as Ether traded around $3,330 at the time of observation. Tom Lee Linked ETH Wallet Activity. Source: Arkham Intelligence/X The Arkham dashboard shows the ETH arrived from a FalconX hot wallet in two transfers recorded roughly two hours apart. The first and largest transfer accounted for nearly the full amount, while a much smaller follow-up transfer appeared shortly after. No immediate outbound transfers were visible, leaving the wallet balance largely intact following the inflow. This activity marks the first on-chain ETH accumulation tied to Lee-linked entities that Arkham has flagged in about three weeks. Arkham data also indicates the wallet holds only Ether, with no other token balances listed, suggesting a focused allocation rather than a diversified crypto portfolio. Arkham has previously said Bitmine still has close to $1 billion available for potential Ethereum purchases. While neither Lee nor Bitmine has publicly commented on the latest transfer, the size and structure of the inflow point to continued institutional-scale exposure to Ether rather than short-term trading activity. Ethereum tests $3,400 reclaim as support holds Meanwhile, Ethereum traded near $3,310 on the daily ETHUSDT chart as price pushed into the $3,350 to $3,400 resistance band marked on the chart. At the…

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Filed under: News - @ January 16, 2026 2:29 pm