# Artikel Terkait Tax Selling

Tom Lee Claims ‘Bots’ To Blame For Ethereum Price Fall as BitMine Buys More ETH Under $3,000

BitMine's Tom Lee attributes Ethereum's recent price decline to automated trading bots and year-end tax-loss selling, despite the firm purchasing an additional 44,463 ETH tokens. Lee noted that institutional investors typically withdraw during the final holiday weeks of December, leaving markets more susceptible to algorithmic strategies and tax-related selling pressure. BitMine continues to accumulate Ethereum, now holding approximately 4.11 million ETH valued at $2,948 per token, representing about 3.4% of the circulating supply. The company's total crypto holdings, cash, and strategic investments amount to $13.2 billion, making it the largest Ethereum treasury globally. However, analysts warn of near-term downside risks, citing rising exchange reserves as a bearish indicator that could push ETH toward $2,500 if the trend persists. Ethereum was trading below $2,971, up nearly 5% over the past month.

ccn.com12/31 11:37