Tom Lee’s $1.3B Ethereum Bet Under Pressure as ETH Extends Decline and Whales Exit Positions

Tom Lee's significant $1.3 billion investment in Ethereum is facing tough challenges as the cryptocurrency continues to decline. With major investors, known as whales, pulling back from their positions, this situation raises concerns about the future of Ethereum and the broader crypto market. Lee's bet was seen as a bold move, but the current market dynamics suggest that confidence is waning, making it crucial for investors to stay informed about these developments.