Expert Predicts Ethereum Crash Below $2K as Tom Lee’s BitMine ETH Unrealized Loss Hits $6B

Ethereum extended its selloff today, falling below $2,500 amid broad market stress, leading to an increase in the unrealized loss on BitMine’s investment. At press time, $ETH was trading at $2,370, down 12.27% over 24 hours, with weekly and monthly losses of approximately 20% and 21%, respectively. The Ethereum crash followed Bitcoin’s drop, heavy liquidations, ETF withdrawals, and visible whale activity.