US EditionEthereum News: Tom Lee Says ETH Is Starting Bitcoin-Style 'Supercycle' That Produced 100X Gain
Tom Lee highlights long-term holders accumulating 27 million ETH in 2025 amid declining retail activity and a 99% drop in network fees post-Dencun upgrade.
- Sunday, Tom Lee, author and analyst, said Ether may be entering a Bitcoin-style supercycle, citing on-chain signs.
- Lee pointed to his 2017 Bitcoin call, referencing recommending Bitcoin near $1,000 and its roughly 100x gain to justify the analogy and citing crypto’s history of severe interim drawdowns.
- CryptoQuant data reveals roughly 17 million ETH moved into long-term accumulation addresses in 2025, while wallets holding 10,000–100,000 ETH added 7.6 million ETH since April, and spot trading volume spiked since early November.
- The call drew pushback from critics and commentators who questioned the thesis, while Lee warned investors the ascent would not be linear and they must stomach 'existential moments' to HODL.
- Token Terminal said gas prices fell to 0.067 Gwei last week as Ethereum's fee revenue collapsed by 99% since March 2024 Dencun upgrade, highlighting lower on-chain activity.
13 Articles
13 Articles
Tom Lee Says Ether Is Entering A ‘100x Supercycle’ Similar To Bitcoin’s 2017 Run
Is Ether Entering a Bitcoin-Style Supercycle? Ether may be preparing for a major multi-year rally similar to Bitcoin’s exponential run since 2017, according to Tom Lee, executive chair of BitMine and co-founder of Fundstrat. In a post on X, Lee said he recommended Bitcoin to clients around 1,000 dollars in 2017—before the asset multiplied more than 100 times over the following years. He noted that Bitcoin endured multiple drawdowns as steep as 7…
Is the Bitcoin 4-Year Cycle Dead? Tom Lee's Controversial New Thesis
The story of Bitcoin is one of disruptive innovation, speculation, and a relentless quest to understand the forces shaping its value. Over the past decade, cycles of euphoria and consolidation have established a pattern that traders, analysts, and investors across the globe now watch with growing anticipation: the Bitcoin 4-Year Cycle.This phenomenon, marked by predictable boom periods often driven by halving events and followed by quieter lulls…
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