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Tom Lee’s BitMine is now down $6 billion on Ethereum (ether) bets

Primary ETHETHinstitutional adoptionnegativeImportance 0.6
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Event summary

coindesk published this institutional adoption event on 01 Feb 2026, 06:54 UTC. The archive associates it with ETH; the tables below report observed post-publication returns without asserting causality.

Historical market reactions

Price reactions

Reaction V2

Historical percentage returns from the recorded publication timestamp. Missing values remain intentionally blank; these observations do not establish causality.

Related asset reactions

ETH

Reference 01 Feb 2026, 06:55 UTC · latency 0m

1m
-0.01%
5m
-0.14%
15m
-0.39%
1h
-0.17%
4h
-1.54%
24h
-8.27%

Source: Binance Vision official monthly 1m archive

Broader market context

BTC

Reference 01 Feb 2026, 06:55 UTC · latency 0m

1m
+0.00%
5m
-0.08%
15m
-0.16%
1h
+0.08%
4h
+0.01%
24h
-2.57%

Source: Binance Vision official monthly 1m archive

SOL

Reference 01 Feb 2026, 06:55 UTC · latency 0m

1m
-0.01%
5m
-0.10%
15m
-0.32%
1h
+0.21%
4h
-0.83%
24h
-4.46%

Source: Binance Vision official monthly 1m archive

Methodology

Reaction V2 uses the current documented publication-time methodology. Alternative research alignments are not displayed as production data.

Primary asset
ETH
Sentiment score
-0.40
Value unit
Percentage return
Reaction version
Reaction V2
Publication date
01 Feb 2026, 06:54 UTC
Source
coindesk
Related assets
ETH
Data availability
Missing horizons remain blank