**Tom Lee Highlights Cryptocurrency Market Challenges Amid Ethereum Supercycle Momentum**
On November 16, 2025, Tom Lee, Chairman of BitMine, addressed recent issues affecting the cryptocurrency market, citing vulnerabilities among key market makers that could lead to temporary disruptions in Bitcoin prices. Despite these challenges, Wall Street’s pursuit of an Ethereum supercycle remains unwavering, reflecting sustained long-term institutional interest. During the recent price dips, BitMine has actively expanded its Ethereum holdings, reinforcing confidence in the digital asset’s potential.
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### Key Developments, Impact, and Reactions
Tom Lee emphasized the importance of addressing vulnerabilities in the balance sheets of one or two dominant market makers. These weaknesses pose significant risks of Bitcoin sell-offs, which could trigger sharp price declines. However, Lee reassured the market that these risks are temporary and will not derail the overarching goal of fostering an Ethereum supercycle.
BitMine’s strategic response includes a notable 34% increase in Ethereum accumulation during the downturn, aiming to contribute to greater market stability. The company has also committed to avoiding leveraged positions amid the current volatility.
Lee advises caution, recommending against leveraged trades in this uncertain environment. His stance aligns with broader financial sector sentiments and reflects Wall Street’s long-term ambitions for Ethereum’s growth.
> “In my view, the weakness in cryptocurrencies has all the following signs: a significant gap in the balance sheets of one (or two) market makers; sharks are poised to sell Bitcoin, attempting to trigger a liquidation/price crash. This pain is short-term and will not change Wall Street’s supercycle of building Ethereum on the blockchain,” Lee remarked.
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### Ethereum’s Resilience Amid Market Fluctuations
It is worth noting that similar market disturbances occurred in 2022 during the collapse of Alameda Research and FTX, events that caused significant turbulence and widespread liquidations in the crypto space. While the current events echo past instability waves, experts suggest the impact this time may be less severe.
At the latest data point, Ethereum (ETH) was trading at $3,227.74, with a market capitalization of approximately $389.58 billion, according to CoinMarketCap. The cryptocurrency has shown marked oscillations recently, featuring a 24-hour price increase of 2.04% contrasted against a 90-day decrease of 24.47%.
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As the market navigates these choppy waters, BitMine and Tom Lee’s outlook reinforces the narrative of resilience and long-term opportunity within the Ethereum ecosystem, underscoring the commitment of institutional players to its promising future.
https://bitcoinethereumnews.com/tech/bitmines-tom-lee-warns-of-temporary-market-volatility-no-long-term-concerns/

