Tom Lee Calls Ethereum "Hugely Undervalued," Sees ETH/BTC Ratio Reaching 1

Tom Lee said Ethereum ($ETH) is hugely undervalued, arguing the ETH/BTC ratio could move far beyond prior cycle levels — potentially surpassing 0.08 and reaching as high as 0.25 or even 1.
Lee noted that BitMine ($BMNR) has been buying Ethereum every week and has absorbed roughly 5% of the supply. He said the position could help seed, fund, and create new DeFi opportunities in the next crypto financial rails cycle.