Bankless · Friday, July 17, 2026
Investor Tom Lee has significantly increased his holdings of Ethereum (ETH), now possessing 5.77 million ETH, which represents 4.8% of the total supply. This accumulation, achieved over the past year during a bear market, puts him on track to meet his goal of acquiring 5% of ETH supply.
“So through all of these purchases, Tom Lee is making every single day or like all the days that David is waking up and looking at it. He now has 4.8% of all ETH supply. That's 5.77 million ETH supply.”
“That is 96% of the way to what he said he was trying to do was reach 5% of all ETH supply. He did this in a year now. And he's doing it during a bear market.”