via BeInCrypto · By Lockridge Okoth
Hyperliquid vs Ethereum: Did Tom Lee Pick the Wrong Crypto Treasury Asset for BitMine?
HYPE/USDT
$1,224,216,794.33
$68.98 / $65.30
Change: $3.68 (5.64%)
+0.0005%
Longs pay
Tom Lee’s BitMine bought 5.4 million Ethereum (ETH) instead of Hyperliquid (HYPE), and now faces a binary verdict. The Ethereum holding is down 21% since June 30, 2025. HYPE is up 68% over the same window.
The question is whether Tom Lee built the institutional position he intended to create. Or whether he picked the wrong asset for a cycle that already rewarded perpetual exchange tokens.
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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