Tom Lee’s Bitmine Stakes Over $1.2 Billion in ETH as Ethereum Awaits a Breakout Trigger

Ethereum continues to trade sideways, limiting upside momentum as broader market conviction remains fragile. ETH has struggled to establish a clear trend, keeping price action compressed near key technical levels.   With internal signals mixed, the altcoin leader now appears increasingly dependent on external catalysts to trigger a decisive breakout. Bitmine’s Confidence In Ethereum’s Value Reaches New High Bitmine recently disclosed that it has begun staking Ethereum from its corporate treasury, reinforcing long-term confidence in the network source: https://beincrypto.com/ethereum-staked-by-bitmine-catalyse-price-breakout/