Tom Lee Says Crypto Is Nowhere Near a Market Top as $ETH Shrugs Off $6.3 Billion Hack
Fundstrat's Tom Lee believes crypto markets are nowhere near a top, pointing to Ethereum's resilience following a reported $6.3 billion crypto exchange hack, described as the largest ever.
- Ethereum traded around $2,330 before the disclosure and approximately $2,288 afterward, showing limited downside.
- By comparison, the $1.5 billion Bybit hack in 2025 triggered a 20% decline in Ethereum's price within five days.
Lee views Ethereum's limited reaction to the reported exploit as a bullish signal for the broader crypto market.