Bankless · Thursday, August 13, 2026
The podcast highlights Tom Lee's ongoing and substantial accumulation of Ethereum (ETH) as a significant positive for the Ethereum ecosystem. Lee has reportedly purchased $25 million worth of ETH weekly for an extended period, without selling any. This consistent buying pressure is seen as a crucial factor supporting ETH's price, with the hosts questioning where ETH would be without his sustained investment.
“At the same time, could the Ethereum ecosystem ask for a better buyer, alternative to Michael Saylor than Tom Lee?”
“This guy has not sold any ETH and he has purchased every single week since like this time last year, like even before that. I get this notification, like looks on Shane and my telegram saying, Hey, Tom Lee, here's a picture of Tom Lee. This man just bought $25 million of ETH. I get it every week. That's what he did. He just bought another $25 million of ETH last week, has not sold any, does not have this credit instrument, of course.”
“Man, it's just like a total blessing for Ethereum and ETH holders, I think. I mean, everyone's got to be very thankful. Where would ETH price be without Tom Lee right now? I don't want to imagine. I do not want to know.”