Tom Lee Ties Ethereum Selloff to Quarter-End Window Dressing

Bitmine Chairman Tom Lee tied Ethereum’s (ETH) 8% weekly drop to quarter-end window dressing, arguing funds trimmed three-month losers. The executive made the comments as Bitmine reported holdings of 5,700,040 ETH worth roughly $9 billion. Lee Frames ETH Drop as Quarter-End Window Dressing Window dressing refers to fund managers selling underperforming positions before quarter-end reporting