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Ethereum Poised for 100x Growth Amid Whale Accumulation

11/17/2025

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Summary

Story summary

Tom Lee, executive chair of BitMine, says Ether may enter a growth phase similar to Bitcoin's 100x rally since 2017.
He notes Ether is approaching the long-term holders' cost basis, with 27 million ETH in long-term wallets.
CryptoQuant analyst Burak Kesmeci says a drop below $2,900 could be a strong accumulation opportunity.
Ethereum whales have increased holdings as smaller holders reduce balances, signaling a possible market reversal.

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Story summary

Tom Lee, executive chair of BitMine, says Ether may enter a growth phase similar to Bitcoin's 100x rally since 2017.
He notes Ether is approaching the long-term holders' cost basis, with 27 million ETH in long-term wallets.
CryptoQuant analyst Burak Kesmeci says a drop below $2,900 could be a strong accumulation opportunity.
Ethereum whales have increased holdings as smaller holders reduce balances, signaling a possible market reversal.