Tom Lee buys 1.7 billion USD ETH in past week, Light jumps 50% to new ATH, crypto majors in the green

Tom Lee has made waves in the crypto market, purchasing 1.7 billion USD worth of Ethereum (ETH) in the last week. This investment has reignited interest and speculation around ETH’s performance.

The LIGHT token has seen a remarkable increase of 50%, reaching a new high, while both ETH and BTC exhibited strong performances as major cryptocurrencies. However, there are significant outflows from ETH ETFs, indicating evolving market dynamics.

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