Tom Lee, Chairman of the Ethereum accumulation company (DAT) Bitmain (BMNR), stated in a recent interview with CoinDesk at Korea Blockchain Week (KBW), "While I cannot be certain if ETH will reach $10,000 by year-end, it could significantly exceed $10,000 within the next 12 months." This statement addresses Arthur Hayes' projection of $10,000 by year-end, which Tom Lee assessed as conservative. He further added, "The mention of ETH potentially rising 25 times was an assumption to explain Bitmain shareholder returns, not a specific price prediction."
