Tom Lee’s Ethereum Strategy Faces Pressure as ETH Price Outlook Weakens

Tom Lee’s Ethereum focused investment strategy is facing growing pressure as Ether continues to trade far below its 2025 peak. BitMine is currently sitting on an estimated paper loss of around $7.35 billion as ETH struggles to recover momentum.

Ether has dropped more than 57% from its high near $4,955 reached in late 2025. At the same time, Ethereum’s market dominance has weakened, falling from nearly 15% to about 10%, reflecting softer investor demand.

BitMine began aggressively accumulating Ethereum in July 2025 after securing $250 million through a private funding round. The company now reportedly holds around 5.28 million ETH, equal to roughly 4.37% of Ethereum’s total supply.

Ethereum Price Forecast Raises Risk of Bigger Losses

Sentiment suggest ETH could face additional downside pressure. Market analysts are watching a bearish chart pattern that may push Ether toward the $1,600 level, a decline of roughly 25% from current prices.

If that scenario unfolds, BitMine’s unrealized losses could exceed $10 billion. Despite market weakness, the company continues to target ownership of 5% of Ethereum’s supply by the end of the year, signaling confidence in a long term recovery.

On the daily chart, Ethereum has retest the trendline, which could potentially lead to an upside breakout if bullish momentum continues.