Tom Lee Sees a Bull Market in the Binance Hack. Stablecoin Data Disagrees
Image: BeInCrypto
BitMine Chairman Tom Lee says crypto’s muted response to the $6.3 billion Binance hack signals a bull market. However, stablecoin and sentiment data show money and confidence still leaving the market. Ethereum (ETH) traded at $2,254.11 at press time, down 1.71% over the past 24 hours, per BeInCrypto Markets. Against Bitcoin (BTC), ETH has held up better this week after losing ground through most of October. It is down 2.87% over the past week compared to BTC’s 3.6% drop. Follow us on X to get the latest news as it happens Lee Reads a Calm Crypto Market as a Bull Signal Lee made his case in BitMine’s latest weekly holdings update. He compared the Binance theft with the $1.5 billion Bybit hack in February 2025.
Read the full story on BeInCryptoBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to BeInCrypto.
