Just when many traders were starting to believe the market had gone quiet, veteran crypto bull Tom Lee stepped in with another massive bet on Ethereum (CRYPTO: ETH). 

Through his firm Bitmine Immersion Technologies, Lee purchased 60,976 ETH worth roughly $120 million. The purchase pushed the company’s total holdings to more than 4.5 million ETH, valued at close to $9 billion at current prices.

This is a bold move as traditional investors’ sentiment around Ethereum remains weak. On the other hand, some traders think this could be an early sign for the next leg of a massive crypto bull run.

Ethereum’s Quiet Rebound Is Turning Heads Across Crypto Markets

Ethereum recently climbed back toward…

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