Tom Lee Calls $6,000 ETH by December: Is It Possible?

Ethereum news: ETH is trading at $2,495, up 1.19% on the day, and Tom Lee thinks that number roughly doubles by year-end. Lee’s $6,000 call has circulated widely this week, tied to a Bitcoin performance benchmark that has no historical precedent in any single quarter on record. BitMine’s continued ETH accumulation has fed the bullish narrative independently, and Lee’s connection to BitMine’s balance sheet strategy gives the prediction more institutional weight than a typical price target tweet. TOM LEE JUST BOUGHT $69M OF ETH Bitmine bought another 28,086 ETH ($69.44M) this week, and now holds 5,929,198 ETH worth $14.66B – 4.9% of the entire Ethereum supply. They need 170,802 more ETH ($422.27M) to hit their 5% goal. Will they get there this month? pic.twitter.com/UkagbTdVpk — Arkham (@arkham) September 8, 2026 The broader market context is choppier than the headline suggests. ETH just closed out its strongest month since mid-2025, and traders are now watching whether that momentum survives September’s tighter range. Recent price surge coverage frames the current setup as consolidation, not confirmation. Market Intelligence: Crypto Analyst Predicts Best New Crypto to Hodl Ethereum ...