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Data: 500 PAXG transferred from an anonymous address, worth approximately $2,537,600
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Tom Lee: The surge in precious metals masks the strengthening fundamentals of cryptocurrencies; the rise of Ethereum and Bitcoin is only a matter of time
BlockBeats News, January 27 — BitMine Chairman Tom Lee stated, "The parabolic and sustained rise of gold and silver is overshadowing the continued strength of the underlying fundamentals of cryptocurrencies (especially Ethereum and Bitcoin).
At the 2026 Davos Forum, financial institutions are preparing to build products on Ethereum and other smart blockchains. When the fundamentals continue to ‘move upward and to the right,’ price increases are only a matter of time."