Tom Lee says Ethereum is bottoming – A whale is betting $45M that he’s right

Fundstrat's Tom Lee has called a bottom for ether even as a whale placed a $45 million bet on his thesis, with the trader reportedly targeting a move toward $3,000. The call comes amid weakening staking demand, continued outflows from spot ether ETFs, and dense liquidation clusters that could amplify downside moves. Ether's price action and derivatives positioning remain the key tells, with the whale's $45 million wager serving as a high-conviction counterpoint to bearish flow. Watch whether ETF outflows and staking demand stabilize, and whether liquidation clusters above and below spot get cleared without triggering a cascade.