Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum

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Tom Lee's BitMine Immersion Technologies is buying the dip, adding $214M in Ethereum, its largest weekly ETH purchase this year. This move comes amid a superficial crypto selloff, with Ethereum prices fluctuating wildly. As a leading Ethereum treasury firm, BitMine's actions could stabilize the market, potentially paving the way for a price rebound in the coming weeks.